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Financing your small business in an economic downturn


Developing your business in an economic downturn creates a host of difficulties for businesses of varying sizes. The most critical issue is the availability of capital to grow the business. With a continuing credit crunch, many banks and lending institutions are denying business loans due to more stringent risk analysis and lack of liquid assets. For those businesses that are able to secure a loan in this economic climate, high interest rates take a toll on company profits... Read more here: http://www.examiner.com/examiner/x-32011-NY-Business-Insights-Examiner~y2009m12d7-Financing-Your-Small-Business-in-an-Economic-Downturn