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| Small Businesses Work Hard to Prevent Layoffs
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| Thursday, March 05,2009 05:17 PM |
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At a time when the news is filled with large companies announcing
major layoffs, some small businesses are determined to buck the trend.
For some companies, it's a matter of pride: They've never had a layoff and they don't want to start now.But ......
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| A $200 Billion Credit-Crunch Buster
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| Wednesday, March 04,2009 05:36 AM |
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The federal government on Mar. 3 provided some long-awaited answers on
how it plans to unlock consumer and small business credit markets,
which have been frozen more solid than an icy tundra.
The $200 billion joint Federal Reserve Board and U.S. T......
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| Credit Crunch is Still Squeezing Small Business
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| Saturday, February 28,2009 07:25 AM |
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The bank bailout was supposed to loosen credit. But for small businesses, getting a loan is still a big hassle. Some morning last October, with the stock market taking a beating and
economic forecasts going from bad to worse, I decided to call......
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| Small business feels the pinch of tighter credit
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| Tuesday, February 24,2009 04:15 AM |
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With banks ratcheting back lending, raising interest rates and
tightening loan criteria until they squeak, more and more local small
businesses are finding themselves caught in the credit crunch. To make
things work, businesses take less from bank......
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| Credit Crunch Makes it Tough for Businesses to Borrow Money
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| Wednesday, February 18,2009 04:16 AM |
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One homebuilder's bank gave him 30 days to pay off half a million bucks. An auto dealer was hit with a higher interest rate. And a smattering of businesses, from mom-and-pop shops to corporate giants, are being squeezed between customers......
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| Bank CEOs Flogged in Washington
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| Friday, June 18,2010 08:59 PM |
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NEW YORK (CNNMoney.com) -- Lawmakers grilled the top executives from eight of the nation's largest financial institutions Wednesday about their apparent lack of willingness to lend to consumers and businesses( or issue personal or business cred......
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| Starting A Small Business In Tough Economic Times
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| Friday, June 18,2010 08:58 PM |
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Starting a small business is hard work. In a tough economy, it can be even harder. This is partly because when credit markets are tight, it can be tough to get startup financing. Even business credit cards are hard to qualify for these days. That's ......
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| Fed Says Most U.S. Banks Tightened Terms on Loans
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| Friday, June 18,2010 08:55 PM |
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Feb. 2 (Bloomberg) -- A majority of U.S. banks made it tougher for consumers and businesses to get credit, including personal and business credit cards, in the past three months even as lenders received infusions of taxpayer funds, a ......
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| Microloans Fill a Small-Business Cash Need
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| Saturday, January 24,2009 04:20 AM |
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Tax preparation is a seasonal business, and Hassan Farhan's Liberty Tax Service franchise in Dover needed cash last month to get ready for the clients who arrive in January, W2 forms in hand. With the nation gripped by a credit shortage, Farha......
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| Stable companies find funds despite economy
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| Tuesday, January 20,2009 03:52 AM |
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Lenders are looking to do business with stable
companies in today's credit crunch, according to Charles Garoklanian,
Northeast marketing manager for PNC Business Credit, a unit of
Pittsburgh-based PNC Financial Services Group Inc.Complete article......
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