"…three out of four small businesses that applied to banks for credit in 2010 got none or only some of the amount they asked for; half were rejected outright." That quote comes from a study conducted by the New York Fed and published as part of a...
If you’re a small business that tried and failed to get a loan from your “too big to fail” bank, it may be time to try again. Banks are adopting a “second look” program to re-examine applications previously denied, in the face of much...
