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Small business feels the pinch of tighter credit |
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| Small business feels the pinch of tighter credit |
| 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 bankers they know, widen their
circle of lenders, call in debts or even pull out the personal credit
card.
Read the complete story at http://seattletimes.nwsource.com/html/businesstechnology/2008771277_bizfinance22.html
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