Some cash flow gaps are created intentionally.
"Credit is not getting looser, it's getting tighter," said Withers.
“Anecdotally, I still hear complaints from small businesses that they still have trouble accessing capital,” said CBIA President Joe Brennan.
"Most people start a business, unfortunately, on their own credit cards," said Andrea Sotgiu, CEO of Lavan Financial Group.
But survey says borrowing declined in 2Q.
Chase Bank extended $20.2 billion in new credit to small businesses in 2012, an 18 percent increase over 2011 for business loans made within the U.S.
Credit availability was at 27.2 points, compared to 25.6 points in the previous quarter, according to a Farming Bank index report.
Norm Grill, managing partner of Grill & Partners L.L.C., says there may be some significant tax law changes in 2012 – or not.
As manufacturing continues to weaken, the head of the New York Fed summarized what ails the economy.
Connecticut is readying to award tax credits for “green” buildings.
Connecticut’s credit conditions weakened in the second quarter, according to a CBIA survey.
More than a year after Wells Fargo converted former Wachovia branches and as banks adjust to life under the Dodd-Frank Wall Street Reform and...
Companies seeking to ride the recovery, as uncertain and erratic as it may admittedly seem at times in the short term, must be strategic in their use of credit.