Lee Cooper figured he'd done just about everything right. Only two years after it was founded, Cooper's microbrew company, Hopsters, had surpassed $1 million in annual sales at its small Newton storefront.
That had Cooper thinking about an expansion. But bankers, he said, wouldn't loan Hopsters money without a longer track record. And angel investors, the rich folks who typically bankroll early stage enterprises, were nowhere to be found.
"Everyone's happy getting 3 to 4 percent from the stock market," Cooper said. "It's a serious issue for small companies that need to...
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