Where Credit's Due
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According to the sixth annual survey of small and mid-sized businesses conducted by Arthur Andersen's Enterprise Group and National Small Business United (NSBU), a small-business advocacy organization, credit is king . . . at least for many of today's business owners, who have turned to their charge cards to generate business capital.
In a time when the use of traditional financing, such as commercial bank loans and private loans, has declined, more business owners are seeking alternative financing methods, such as credit cards, leasing agreements and home equity loans.
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