I for one, would like to know. If you are a Veteran SBO, are you having a tough time getting credit lines for purchases? How about expansion loans?
Please tell us via comment, below! We need to know if this is spin, or fact...
Look what this article over at CNN.com says;
"Despite government efforts to shore up the banking system, credit remains tight. The Federal Deposit Insurance Corp. last week said loans to small firms declined 1.9% in the past year. A Federal Reserve survey showed a third of banks tightened lending to businesses in the three months ended in July.
While the recession depresses demand for funds and hurts credit quality for small businesses, lines of credit are being cut for even solid firms, say advocates."
Finish the article, and then come back and comment! Are you able to get the money you need to keep your business running?
Check out this handy little cash flow tool.
