Finance & Money

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Over the past several years, banks have largely pulled away from lending to small businesses. They’ve done so primarily because they’re more averse to risk, plus it’s typically not profitable for them to make loans that are...

Latest News

1 Jul 2015

WASHINGTON, July 1, 2015 /PRNewswire-USNewswire/ -- SCORE, – www.score.org - mentors to America's small businesses, has gathered statistics on the financial strains of small business owners in the United States. In the second quarter of 2015, overall small business optimism dropped for the first time since 2012. Lower revenues and tighter credit in 2015 are discouraging business owners.

Fewer loan approvals mean more reliance on owner's assets