credit crunch

Small Business Financing Options—Despite the Credit Crunch

There’s no question that the financial crisis and ensuing credit crunch have made it more difficult than ever to secure small business financing and raise capital. This is especially true for fast-growth companies, which tend to consume more resources in order to feed their growth. If they aren’t careful, they can literally grow themselves right out of business.

Position a Small Biz for Stimulus Loan: Q&A with Wall Street Journal bestselling author Steve Kaplan

As we’ve reported previously, the government is concentrating on securing loans for small business. Steve Kaplan—an entrepreneur and Wall Street Journal bestselling author—presents all of the steps necessary to get a small business loan in his upcoming book Sell Your Business For the Max.

What Credit Crunch? -- Financing Alternatives in Today's Tough Credit Environment

With the credit crunch in full force, many small businesses are finding it harder and harder to land traditional bank loans. Even business lines of credit are being squeezed tighter—often yanked right out from under companies that have long established histories with financial institutions.

Fast-growth companies are especially vulnerable in the current credit environment. Those with 20 percent or higher annual growth rates can make banks nervous even during the best of times, since fast growth can knock their ratios out of whack and result in temporary periods of unprofitability.

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