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Gen Bus Nov 2012 - "Small Business Loans Tricky to Secure During Credit Crunch"

Gen Bus Nov 2012 - "Small Business Loans Tricky to Secure During Credit Crunch"

Gen Bus Nov 2012 - "Small Business Loans Tricky to Secure During Credit Crunch"

Excerpt


Small Business Loans Tricky to Secure During Credit Crunch


According to a recent survey by the New York Stock Exchange, more than half of small businesses cannot get access to the credit they need. As a result, two-thirds of these small business owners do not expect to add jobs in 2013. In light of the ongoing credit crunch from the Great Recession, small business owners have to refine their borrowing strategies in order to increase their chances of finding the funding to continue growing.


 


 


 




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