And now even as growth finally returns, with prices still rising faster than wages, with business investment still weak, with unemployment still rising in half the country, with bank
lending to business still falling, we can't be satisfied.
Not exact matches
It confounds me that in a year of record
lending by the Small
Business Administration, entrepreneurs
still struggle
to get the financing they need even when all indicators point
to the opportunity for growth.
Despite the recent rise in the number of small
business loans, small
business lending still has not returned
to their highs.
Could the fact that
lending to small
businesses still has not fully recovered be a driver for slow job growth?
Now it's turning around, but we are
still down almost $ 100 billion in bank
lending to small
business.
The traditional route is often scorned by entrepreneurs today, but banks are
still lending money
to startups and small
businesses.
While small
business gets talked up in the economic recovery plan,
lending to small
business is
still down — by $ 40 billion — from what it was two years ago.
The banks demonstrated that their personal and commercial loans
businesses are
still solid, even as expectations point
to consumer
lending growth slowing in the coming quarters amid persistent economic weakness.
There is no doubt that tough times are
still ahead, and until the banks and SBA get back
to the
business of
lending for
business acquisitions, rather than deterring it,
business sellers and buyers should know that there are alternatives.
Consider Peer -
to - Peer
Lending Following the credit crunch and Great Recession, banks are
still cautious about extending loans
to small
businesses prompting a growing number of potential borrowers
to search for loans online: peer -
to - peer
lending.
Granted, those
business segments are
still dwarfed by OverDrive's core
business: 95 % of all U.S. public libraries use the company's technology
to lend out ebooks, audiobooks and other electronic content — content that disappears when the
lending period ends.
Nourry said he would like
to one day find a way for readers
to lend each other e-books, but said copyright protection was currently more important as the industry's new
business models were
still fragile.
Paul Aitken, head of a
lending company, said, «Individuals and small
businesses are
still looking at alternative ways of raising money
to help pay for unexpected financial situations — tax bills, or
business cash flow issues, for example.
Even though a poor credit history opens the doors
to higher interest rates and fees for the lender
to charge, there is
still a limit that is considered appropriate in the
lending business.
While the Government pushes lenders
to offer more credit, especially in the small
business and mortgage worlds, ultimately it's
still a commercial decision from firms about whether they want
to lend.
This firm was able
to help me with a loan amount of $ 800k for my farm poultry
business and they are
still into this
lending business and can help any both private
businesses and also individuals with all kinds of loan at 3 % interest rate.
In fact, if you read other articles around here you'll find that I
still hold international stocks, peer -
to - peer
lending notes, REITs, actual real estate, and a bit of local
business.
However, the company
still intends
to keep
lending as the foundation of their
business.
Note that though credit unions may be more flexible than big banks, they
still primarily
lend to established
businesses.
The 2008 mortgage crisis that tipped off the Great Recession certainly brought awareness
to making home
lending a more transparent
business, but there's
still plenty of fine print
to be aware of if you're buying a new house.
Zuckerberg contended that Facebook's mission of connecting the world meant it had
to provide service
to those who couldn't pay, and he said advertising naturally
lent itself
to the
business model but Facebook
still cared about people and their rights.
Lenders are
still eager
to make loans on apartment properties, and grew their multifamily
lending business again in the third quarter of 2014...
Fortunately, the mortgage -
lending business has evolved today
to the extent that first - time homebuyers
still can get a piece of the action even with little or no money down, less - than - perfect credit, or if they're self - employed borrowers who traditionally have had a hard time qualifying for mortgages.
Although agencies represent about 75
to 80 percent of the multifamily
lending market nationally, the remaining 20
to 25 percent is
still a significant piece of
business, notes Orso.