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    The Storefront
    November 2, 2009

     
     

    Having a tough time landing a loan?


    Posted at 1:31 pm by Amy Rolph

    If you're a small business owner struggling to land a loan, you're not the only one. The Boston Globe has a good story today that outlines some of the problems with bank lending.

    From the story:

    "...many small businesses are having a difficult time getting SBA loans from lenders that took government handouts.

    "In addition to frustrating owners who say they need the money to survive, the banks' reluctance to lend undermines a goal of the federal stimulus program: Ease the credit crunch so companies can grow and hire again."
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