Business Opportunities Weblog

Small Business Lending On The Rise

By on July 1, 2011 in Ideas

INC:

The good news: Recently, government initiatives, such as the Small Business Jobs Act, have bolstered small businesses and freed up lending lines—and the proof is in the numbers. In Capital One Bank’s 2011 survey, 85% of U.S. small business owners said they were able to get the financing they needed.

But experts are still cautious.

“The level of risk aversion is still extraordinarily high,” says Barry Sloane, CEO and President of The Small Business Authority. The primary concern is one word: collateral.

Is now the time to get that loan you need to grow your business?

loans small biz

Angela Shupe has added 5,783 posts to Business Opportunities Weblog.

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  • John

    Aside from start-up capital, small businesses need a lot to succeed. Obviously a plan for success is crucial but the intangible elements that every small business owner needs are what separates a great idea from a successful idea

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