In a testimony before Congress on June 22, U.S. Treasury Secretary Timothy Geithner laid out the disproportionate effect the financial crisis has had on small businesses and particularly their ability to raise funds:

“The banking and credit component of the economic crisis was especially damaging for small businesses, which are more dependent on bank loans for financing than

We recently discovered an article By finance reporter Elysse Morgan that was Posted Thu Jun 16, 2011 10:36am AEST on the ABC News Radio website that we found interesting. The post clearly reinforces the strain small business owners are under when it comes to accessing capital.

A survey shows small and medium-sized businesses believe banks, big and small, are

There are a lot of myths floating around about small business lending. One thing is clear the more things seem to change the more the remain the same. With the economy weak, banks remain cautious. Allison Bruce posted this report on June 11th in the – Ventura County Star. She goes on to say:

Not too much has changed when it comes to small business being able to access capital through traditional commercial financing. This article was Written by LAURA RUANE from the Wall Street Journal On line she goes on to say….The business loan crunch has eased only slightly for Southwest Florida small businesses, despite some retooling of Small […]