Showing posts with label credit and small business. Show all posts
Showing posts with label credit and small business. Show all posts

Credit Options for Small Businesses

The "Small Business Center" at Fox Business ran an article by Kate Rogers on February 10 titled "Can't Get a Loan from a Bank? You Have Options."

The article focuses on "a new breed of lenders ... hitting the market that rely on small business’ cash flow and payment history rather than just credit scores."

SBE Council chief economist Ray Keating is quoted in the piece, talking about how such services fit and work in the marketplace.




Small Business Loan Demand

SBE Council chief economist Ray Keating was quoted in a CNN/Money article on the most recent survey of bank senior loan officers by the Federal Reserve.

The article noted: "The majority of banks did not see an increase in demand, because the uncertainty in the economy has made small businesses reluctant to take out loans, explained Raymond J. Keating, chief economist at the Small Business & Entrepreneurship Council."