Sad but true: Compare these two scenarios, holding everything else–the company, its history, its credit rating, its founders’ credit rating and its balance sheet–constant: Scenario 1: Company goes to the bank in April with business plan output showing they’re going to need a bridge loan to finance an expansion over the summer. Scenario 2: Company [...]
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Please, if you own a business, take this simple (only 8 questions) survey on the impact the credit crunch is having on your business. It’s asking you whether you’ve applied for a loan, was it approved, would you have applied if it weren’t for the economic crash, and so on. I’d like to know, and [...]
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Meanwhile, as they say, back at the ranch, let’s find out together how badly the credit crunch is affecting small business in the United States. If you own a business please click here to take the survey. I originally posted this survey yesterday on the Huffington Post. It’s short and easy. Thanks!
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