While the economy is showing signs of life, many smallbusinesses still have a tough time getting banks to lend themmoney. In fact, half of small businesses say that it is harder toobtain credit than it was a year ago, including 33% that say it ismuch harder, according to Greenwich Associates' most recentquarterly survey. Just 15% of the small businesses say creditconditions have improved.
The Greenwich survey, conducted in October, shows that whilemidsize companies enjoy somewhat better credit access than smallfirms, 35% of them say credit is harder to come by and only 25% sayit has gotten easier to get a bank loan.
Some 60% of middle-market companies say they're worried aboutgetting the funds they need to run their business this year, as do70% of small businesses.
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Susan Kelly
Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.
