Banks Making Fewer Business Loans Because Of Recession Fears

Banks Making Fewer Business Loans Because Of Recession Fears

Bank Building getty Commercial banks have been trimming their business loans over the course of 2023. The drop off is small and consistent with the leveling off of total loans of all kinds this year. This change does not—yet—warrant pessimism about the overall economy. But the economic fears that drive the change—on the part of … Read more

How To Get A Business Loan With Bad Credit In 2023

How To Get A Business Loan With Bad Credit In 2023

owner’s chances of securing capital. getty There are many reasons why business owners may have a less than optimal credit score, including bankruptcies, late or missed payments, or credit utilization ratio that is too high. Prior to The Great Recession of 2008, it was difficult for business owners with bad credit to secure funding. The … Read more