[icelancer]

>> 1. Nobody would buy them.

Sure they would. If you price it correctly.

>> 2. Small biz doesn't have access to corporate paper markets, even in the best of times.

Not true. I am a SMB owner and have secured a LOC for my business as well as refinancing of my house personally. It's out there. Just at prices you might not like. But then again, we aren't guaranteed good prices. Or at least, we shouldn't be.