Many small businesses (and consumers) are rejected by traditional financial institutions when seeking financing because they do not fit rigid lending requirements of banks. (ncfacanada.org)
While there have been some reports of financial institutions tightening lending requirements, particularly for loans to purchase inner - city apartments, finance generally remains readily available on attractive terms. (rba.gov.au)
This is done by either increasing mortgage rates or implementing tougher lending requirements for those applying for a mortgage. (moneysense.ca)