Tag Archives: Federal Reserve

How the Credit Crisis Affects Borrowing for Small Businesses

Small business owners with unproven ventures, bad credit, or even businesses that are tied to a troubled industry such as housing have had a hard time getting credit. These days, most banks are even shy about lending to a healthy business. The bottom line is that the business lending climate is still not positive.On the other hand it is a good reason for small businesses to know and understand the principals of factoring. Continue reading

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