4% of businesses list financing as their #1 concern

Are you having trouble finding business borrowers?

The National Federation of Independent Businesses just announced the results of their November 2009 Small Business Economic Trends Report.

They asked the respondents what their top needs are now.

33% said more customers and improved revenue.
In contrast, only 4% said financing.

And of the independent businesses who want loans now, 33% said there was not change in availability from before the recession. Only 14% said the loans are harder to get.

A tale of two companies…
In an Allbusiness.com post titled The Curse of Doing Well in Today’s Economy, small business financing expert Sam Thacker tells the tale of two businesses that would have gotten financing in the same circumstances two years ago but can’t get it now.

What is your experience? Are there business borrowers out there that can’t get loans or is there more than enough money to go around?

DK7A9Y7BJBV6

Related Posts

Double-Counting Capital Gains Income from a 1065 K-1

2 NEW C's of Credit! Apply these in your business borrower relationships

8 Lender Lessons Learned (?) from the Credit Crisis

Cash Flow Analysis of K-1s: Count ordinary business income?

Share 0

Linda Keith

Linda Keith is an expert in credit risk readiness and credit analysis training. She trains financial institutions throughout the United States on both Tax Return and Financial Statement Analysis.
She is in the trenches with lenders, analysts and underwriters helping them say "yes" to good loans.
She moved her in person training online in 2008 to www.LendersOnlineTraining.com with a continued focus on lending to businesses, farm operations and complex individual borrowers.