Avoid Your Small Business Suffering From Banks Reduced Lending
Posted on February 25th, 2009 by Author
Small businesses relying on traditional loans from banks are suffering in the ongoing economic downturn. However, companies that explored alternative business financing venues have been able to avoid the tight credit markets and keep operating, and even growing, using merchant cash advances. The Federal Reserve’s Senior Loan Officer Opinion Survey reported that 75% of the […]
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Filed under: Alternative Capital, Banking Industry, Business Cash Advance, National Economy