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Banks Choking the Life out of Small Businesses?

According to a recent survey by the Fed, not one senior loan officer will be loosening lending standards for small businesses (the “backbone of the economy” according to the Whitehouse). In fact, some are still tightening them.

By contrast, not a single loan officer reported tightening standards for big businesses, and a small percentage will actually be loosening standards. Exactly the reverse. Read the Full Story on Business Insider-a

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