Suppose the economy goes through a wrenching liquidity crisis, where
credit suddenly becomes unavailable, and the commercial paper markets (the
typical source of liquidity for corporations) and the bank
lending markets both freeze.
While private lenders are strongly associated with borrowers with bad
credit, in actuality, it isn't that these lenders will
lend to just anyone, but that they will look beyond your
credit score or lack of
typical financial resources to consider the viability of your project and the reliability of your character.