Page 3 - Ray Keating News Today

Small businesses are seeing the already-tough process of getting business loans get even tougher. They say they're getting rejected for loans or seeing more unfavorable terms, meaning some plans for expansion are being put on hold.

Approval rates of small business loan requests at big banks have fallen for nine consecutive months.

An overall tightening of credit will help slow down the economy and ease inflation, which is what the Federal Reserve hopes to achieve by hiking interest rates

Small businesses are seeing the already-tough process of getting business loans get even tougher.

Small business owners are feeling the credit crunch caused by rising interest rates and turmoil in the banking business.

Small businesses are seeing the already-tough process of getting business loans get even tougher because of a variety of factors.

Small businesses face a mix of old and new challenges as another year begins. A looming recession, still high (although easing) inflation and labor woes are some of the issues carrying over from 2022.

After three precarious pandemic years, what transpires in 2023 will make a big difference in whether small businesses across the country are able to stay afloat.

Inflation, labor issues and recession worries continue to challenge smaller companies.

Inflation, labor issues and recession worries continue to challenge smaller companies.