Small businesses generally have two major inspirations for avoiding banks when arranging business loan options. One is looking backward at how banks have performed and deciding that they deserve better. This is illustrated in part by the ongoing failure of banks to provide small business financing despite receiving taxpayer-funded bailouts designed expressly for banks to continue normal business lending. Read More »

Business lending has been the subject of much confusion recently, and it is appropriate for small business owners to wonder what is “normal” for commercial loans in this environment. An important part of the “new normal” is that many banks continue to state that they are still providing commercial financing programs when in reality they have reduced or eliminated their commercial lending programs. One of the most significant changes in the business finance lending environment is the dramatic reduction in the number of commercial lenders that are actively making small business loans. Read More »