Mark Cuban: ‘Banks are playing’ games on loans, leaving small businesses ‘out in the cold’

Midcaps should be hurting for a while.

  • Billionaire entrepreneur and “Shark Tank” investor Mark Cuban said Monday that the recently launched small business loan program has been beset by challenges.
  • “Banks are playing themselves. They’re being banks and they’re trying to determine if the credits are good,” Cuban said on “Squawk Box.”
  • “Until we get through that friction, there’s going to be a lot of issues and there’s going to be a lot of people laid off and a lot of companies that go out of business,” he added.

www.cnbc.com/2020/04/13/mark-cuban-banks-are-playing-leaving-small-businesses-out-in-the-cold.html