Word: businessese
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
There are plenty of reasons to believe that small businesses aren't getting the credit they need. In the last three months of 2009, business lending at smaller banks, which tend to cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only...
Talk to business owners, though, and the picture is a lot more complicated. A poll conducted at the end of last year by the National Federation of Independent Business, a small-business trade group, found that companies were overwhelmingly more concerned about slow or declining sales than access to credit...
Those that are in the market to borrow are often doing so with ease. In Atlanta, Rob Hale didn't have any problem getting a loan. The president and CEO of United Controls International, which tests circuit breakers and fuses for nuclear power plants, actually had banks competing to lend...
Now, it is true that credit standards for business lending haven't tightened, as illustrated by the Federal Reserve's monthly loan-officer survey. And as Fed governor Elizabeth Duke pointed out in a speech on Feb. 26, those tougher standards could be having a disproportionate effect on small businesses...
Meanwhile, the negative economic ripple effect of cuts to the Los Angeles civil courts could result in a nearly $30 billion hit to the local economy over the next four years, according to a study commissioned by the Los Angeles Superior Court. According to the study, the legal services industry...