Bank Loans | Page 4

Business Accounting

Small-Business Credit Access: Finally on the Rebound?

All through the recession, small businesses have struggled to find the capital they needed to grow. But as 2010 drew to a close, business owners reported their access to capital is improving. Helping to make the frozen lending wheels turn again are several new sources of federal backing for small-business lending in the past year. […]
Business Accounting

Obama Clears the Road for Expanded Bank Loans

$30 billion funding bill press conference this morning bank loans easing their credit standards Banks need business. Few are applying. Companies with collateral win. best banks approving just over half of collateral-based loans VC drying up. lack of VC is choking off hiring clogging the VC pipeline
Business Accounting

When Big Banks Won’t Lend, and Small Banks Fail

In the world of small-business loans, it’s the worst of times and the worst of times. The volume of new small-business loans amongst the nine big U.S. banks that received federal bailout money plummeted nearly $20 billion in January compared with December, the U.S. Treasury Department reports. The banks loaned nearly $36 billion, the smallest […]
Business Accounting

How to Turn Around Lending: Sales

We all know that banks aren’t lending like they used to, and the outlook for 2010 doesn’t seem to offer much hope. One southern business journal recently called the small-business lending climate “dire.” While SBA-backed loan volume accelerated in the third quarter last year, so did default rates. The Wall Street Journal called the outlook […]