07 Jul '11, 10am

GrowSmartBusiness: Small Business Access to Capital: What’s the Problem? #li

GrowSmartBusiness: Small Business Access to Capital: What’s the Problem? #li

The two latter initiatives were aimed at improving the amount of capital available to community banks and encouraging them to lend to small business. However, much of the hearing focused on why these efforts don’t seem to have led to results and why small businesses are still struggling to get capital they need. The Committee chair, in particular, noted that there’s a gap between banks having plenty of money to lend, but small businesses saying that they still can’t get money from banks.

Full article: http://www.networksolutions.com/smallbusiness/2011/07/sma...

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