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Old 10th June 2010, 04:32 AM   #1
emarket
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Join Date: May 2010
Location: Houston Texas
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I am finding it difficult to access credit from these banks. Is there anyone who can recommend a bank/financial institution that is not overly stringent in advancing loans to small businesses.

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Old 10th June 2010, 10:51 PM   #2
AngelBiz
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The banks have become very reluctant to lend in this environment. If you can provide personal collateral such as house or other asset that might increase your chance of getting the loan. You might also try credit card (although it will be expensive) or family and friends.

I wrote blog post on tips to start business in challenging times. You might want to read it here - http://www.angelbusinessadvisors.com...-in-bad-times/

Best Wishes.

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