By Clinton Urling
Last week I wrote about the high interest rate spreads, excess liquidity and the unduly expensive credit that private commercial banks offer to Guyana’s private sector businesses. These credit rates are even more potentially onerous to certain types of businesses perceived as high risk and can be insurmountably prohibitive for those who have little or nothing to offer as collateral or asset-backed security. This situation creates a condition where many first-time entrepreneurs, small businesses,
