{"id":14883,"date":"2012-10-15T17:32:28","date_gmt":"2012-10-15T21:32:28","guid":{"rendered":"http:\/\/theredphoenixapl.org\/?p=14883"},"modified":"2026-04-22T09:37:40","modified_gmt":"2026-04-22T14:37:40","slug":"google-is-now-offering-loans-to-small-businesses-yup-they-want-to-be-a-bank-too","status":"publish","type":"post","link":"https:\/\/redphoenix.news\/es\/2012\/10\/google-is-now-offering-loans-to-small-businesses-yup-they-want-to-be-a-bank-too\/","title":{"rendered":"Google Is Now Offering Loans to Small Businesses; Yup. They Want to Be A Bank Too"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/redphoenixnews.com\/wp-content\/uploads\/2012\/10\/google-bank.jpg\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-14884\" title=\"Google-Bank\" alt=\"\" src=\"https:\/\/i0.wp.com\/redphoenixnews.com\/wp-content\/uploads\/2012\/10\/google-bank.jpg?resize=490%2C367\" height=\"367\" width=\"490\" \/><\/a><\/p>\n<p><span style=\"color:#000000;\">Google is going to take over the world. They are now offering loans up to $10k to businesses that want to invest in their Adwords program; they\u2019re going to launch in the UK first and then branch out in a few other countries. This is significant. Google already has $49 billion in cash just sitting in the bank so what better way to use it than to loan their products out to existing customers for their core business. They have already branched out into Google glasses, driverless cars, alternative energy sources, cell phones etc. They are going to take over the world one day and it\u2019s scary. In the wrong hands \u2026 just think about it.<\/span><\/p>\n<p><span style=\"color:#000000;\">From the Atlantic<\/span> <span style=\"color:#0000ff;\"><a href=\"http:\/\/www.theatlanticwire.com\/business\/2012\/10\/google-wants-be-bank-now\/57691\/\"><span style=\"color:#0000ff;\"><strong>HERE:<\/strong><\/span><\/a><\/span><\/p>\n<blockquote><p><span style=\"color:#000000;\">Google, the search engine company that also happens to do 35 other things, is expanding its horizons once again with a new financial services division. On Monday, the multi-billion dollar corporation is set to launch a new credit business in the United Kingdom with plans to expand to other countries in the next few weeks,<\/span><span style=\"color:#0000ff;\"> <a href=\"http:\/\/www.theatlanticwire.com\/business\/2012\/10\/google-wants-be-bank-now\/57691\/\"><span style=\"color:#0000ff;\">according to the Financial Times.<\/span><\/a><\/span><\/p>\n<p><span style=\"color:#000000;\">Based on what we know so far, the program will let businesses take out a line of credit \u2014 between $200 and $10,000 \u2014 to spend on Google\u2019s money-making AdWords program. Google\u2019s treasurer Brent Callinicos told the FT that businesses just \u201cweren\u2019t buying Adwords as much as they need to,\u201d and a pilot program in the United States last year showed that offering loans made customers advertise more. Callinicos admitted that the company is \u201cnot doing this to lose money\u201d and they\u2019re also \u201cnot trying to run the financing business as a profit centre.\u201d Starting in the U.S. and then spreading to other countries, however, Google will issue credit cards as part of the new financing program, with initial interest rates for small- to medium-sized businesses at a competitive 8.99 percent.<\/span><\/p><\/blockquote>\n<p><span style=\"color:#000000;\">Google\u2019s treasurer says they already tested it in the UK<\/span> <span style=\"color:#0000ff;\"><a href=\"http:\/\/adwords.blogspot.co.uk\/2012\/10\/extra-credit-for-small-and-medium-sized.html\"><span style=\"color:#0000ff;\"><strong>HERE:<\/strong><\/span><\/a><\/span><\/p>\n<blockquote><p><span style=\"color:#000000;\">To make it easier for small businesses to pay for their AdWords campaigns and track their spending, last July we piloted AdWords Business Credit in the US, a credit card specifically for AdWords. More than 1,400 businesses from a variety of industries participated in the pilot \u2014 from Kuru Footwear to \u2018Get Bats Out\u2019 bat removal\u2014and their feedback was overwhelmingly positive. In a survey conducted after the pilot launched, 74% of respondents said they now use AdWords Business Credit as their primary form of AdWords payment.<\/span><\/p><\/blockquote>\n<p><span style=\"color:#0000ff;\"><a href=\"http:\/\/www.classwarfareexists.com\/google-is-now-offering-loans-to-small-businesses-yup-they-want-to-be-a-bank-too\/#axzz28lS4YHKD\"><span style=\"color:#0000ff;\">Fuente<\/span><\/a><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Google is going to take over the world. They are now offering loans up to $10k to businesses that want to invest in their Adwords..<\/p>","protected":false},"author":1,"featured_media":38318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[152,181,43,187,84,97],"tags":[229,347],"class_list":["post-14883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-labor","category-media-culture","category-science-tech","category-statements","category-us-news","tag-economic-exploitation","tag-workers-struggle"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/redphoenix.news\/wp-content\/uploads\/2026\/04\/Google-Bank_14883_da8a6.jpg?fit=500%2C375&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/14883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/comments?post=14883"}],"version-history":[{"count":1,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/14883\/revisions"}],"predecessor-version":[{"id":39485,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/14883\/revisions\/39485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/media\/38318"}],"wp:attachment":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/media?parent=14883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/categories?post=14883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/tags?post=14883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}