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Banks, borrowers using federal collateral for loans (access required)

Cordy Rost needed to expand the frozen-food packaging company he co-owns in Canyon County, but he ran smack into the recession hangover. The land he wanted to use as collateral for his construction loan had lost so much value, his bank couldn’t make the numbers work. That’s when a modest-sized federal program, in partnership with Rost’s bank, ...

About Brad Iverson-Long

Brad Iverson-Long is a reporter for the Idaho Business Review, covering banks, financial services, technology and new business.