Saturday, March 30, 2013

Why Business Loans Are Up for Grabs

http://www.entrepreneur.com/article/225996

 
 
After years of being beaten up and blamed for every ailment besetting the economy, banks may be able to start defending themselves a bit. For several years now, many small-business owners reported having trouble securing loans for their enterprises. That certainly sounded consistent with what we know about the economic downturn -- small companies and their balance sheets were hit hard during the recession, and increased bank regulation made it increasingly challenging for some businesses to qualify for a loan.
But that situation has changed.
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