Small business credit took a huge hit in 2009 and indicators show that 2010 will be another tough year for those looking for small business loans. Major banks cut their loan balances by another $1billion in October, according to Treasury report. Of the 22 banks that got the most help from the Treasury’s bailout programs [...]

Small Business Loans have been expected to get a boost from the stimulus package and while it has helped it’s basically just slowed the decline. After the recession it’s harder for small businesses to qualify for loans because banks are holding back in their funding loans. Alternative loans are becoming popular for businesses but you [...]