A Loan Time
With small-business lending up across the board, now's a great time to get the capital you need.
By C.J. Prince •
Opinions expressed by Entrepreneur contributors are their own.
If you went looking for a bank loan a year ago and were giventhe courteous-but-cold shoulder, try giving it another go thisfall. You might get a very different reception.
Just a quick glance at the numbers shows lending to smallbusinesses is way up compared with a year ago. Larger companies,still hunkered down, are skittish, preferring to finance expansionswith internal cash flows rather than take on more debt. So banksare again turning their attention to small businesses, offeringthem friendlier smiles, new products and more money for theasking.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve
