Have you noticed that banks aren’t very enthusiastic about lending money to businesses these days? I attended my Chapter SCORE meeting yesterday where we had a guest speaker from a local bank. He was a commercial lender who openly shared with us the dilemmas the banks are facing. The reason for tightening [...]

Small business growth has proven to be tough in today’s economy. The reason is at least two-fold: first, you need capital to grow; and second, banks are not generously handing out capital these days.
In order to achieve growth, some businesses are electing to go home-based to reduce their expenses. What many small [...]