Before the credit crunch, it was easy for companies to borrow just about any amount of money anytime they wanted.
Entrepreneurs often would apply for larger credit lines to expand their businesses, and they got drunk on easy credit.
Who needed good money-management habits when your banker would pony up on command? You know how that story ended.
Bankers turned off the spigot, and small-business owners had to find other ways to raise cash.
Photo by rethinkrealestate.com.