SBA Loans Plummet

According to a recent article from BusinessWeek, “Tightening credit markets have claimed a new casualty: Small Business Administration loans.”

Experts reported that banks have increased their credit standards for the government-guaranteed loan program, and fewer entrepreneurs are seeking credit from the Small Business Association (SBA). In other words, demand for SBA loans is low, and the standards for receiving one are high.

Click here to read the entire article: SBA Loan Plummet.

One Response to “SBA Loans Plummet”

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