Credit Crunch: It’s Not All Bad News
The credit crunch isn’t doom and gloom, in fact there some good news for small businesses. Some specialized banks, especially small business banks, see an opportunity in the tightening credit market.
Sterling National Bank is running ads in The Wall Street Journal asking, “What credit crunch?” in an attempt to gain market share from other banks pulling back on small business lending.
Have you found a way to profit from the bank failure?
Photo by Felix Francis.
cassy on January 7th, 2009 4:38 pm
most small banks are into micro financing,giving loans to small business and helping them on how to be an entrepreneur! for me that is good news!
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