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You are here: Home / 2011 / Archives for February 2011

ABL’s Play Key Role in Economic Turnaround for U.S. Business

A Recent CFA study shows that asset based lenders play a critical role in providing the financing businesses need to stay afloat and grow through tough times.  Often, businesses experiencing a rough patch or rapid growth cannot qualify for a conventional bank loan. In this case, an asset based loan …

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Banks slashed small business lending by $43 billion

Source: CNN Money.com, by Catherine Clifford 2/11/11 NEW YORK (CNNMoney) -- The numbers back up what small business owners have been saying for two years: Main Street suffered a brutal credit crunch. The total value of outstanding loans to small businesses plunged by $43 billion, or 6.2%, between …

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