The economy is stuck in low gear because small business owners are uncertain about the future and their real estate holdings don’t support the credit they did pre-2008. This means small business owners aren’t borrowing money and those who are seeking credit simply lack the credentials to qualify for bank financing. The latest research from the National Federation of Independent Business doesn’t paint a particularly rosy picture for either small business owners or bankers.
Responses from a representative sampling of 850 small businesses show that economic conditions and uncertainty about . . .
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