Business Financing and Mixed Signals For Small Business Owners
Business financing programs are resulting in mixed signals for borrowers. Business lenders are increasingly reducing or canceling commercial lines of credit, refusing to refinance commercial mortgages and turning down new requests for small business loans. In contrast to their actual lending practices, most lenders have announced that they are lending normally to businesses. These mixed signals are due to a variety of financial and economic issues, but the end result is likely to be confusion for small business owners.