Quote:
Originally Posted by sniper
And here again. I know a few small business owners with "iron clad" credit that cannot get increases or more credit to grow their business's. Banks and business are withdrawn and holding their credit and reserves because of the uncertain future. Remember a lot of that bailout money was supposed to be passed down to business to continue the business of business. That didn't happen.
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It's the "current state" of the banks. Hardly any businesses are getting credit. The company I used to work for had their credit cut in half. I do agree with the bailout money comment, but that is another story for another time.