Small Business Optimism At Five-Year Low

Back to blog

small business banking

I recently apply for a loan with my 5 year history banker,

this is about a month and a half a go. In the beginning he was very possitive, he said it was no problem. I needed to wait 48 hrs. for a program that the government guaranties 85% of loan. Now he says that because my sales are down from other years he doesn't want to do anything. You are talking about revenues down and the bad economy. I wonder why bankers do not think that way!

Alejandra Elliott of CA @ Jan 14, 2009 16:53:48 PM

Back to blog

Add Your Thoughts
About You
Risky Business

Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

advertisement

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!