Small business owners say credit crunch post-SVB has arrived
"Lenders ... seem to be clutching the purse strings tightly at this point."
Stay updated with breaking news from Jay Foreman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"Lenders ... seem to be clutching the purse strings tightly at this point."
NEW YORK — When Nat West, owner of cider-making company Reverend Nat’s Hard Cider, decided to supplement his wholesale business by opening a taproom in a bu
When Nat West, owner of cider-making company Reverend Nat's Hard Cider, decided to supplement his wholesale business by opening a taproom in a bustling neighborhood in Portland, Ore., he thought getting financing would be a breeze.
Small businesses are seeing the already-tough process of getting business loans get even tougher.
NEW YORK (AP) — When Nat West, owner of cider-making company Reverend Nat’s Hard Cider, decided to supplement his wholesale business by opening a taproom in a bustling neighborhood in Portland, Oregon, he thought getting financing would be a breeze. After all, he was only seeking $50,000, has been in business for 11 years, and […]