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