December 22nd, 2009 by Alex Coté
Of all the ‘Great Recession’ stories in 2009, perhaps none painted a bigger picture of the Main Street vs. Wall Street divide than the small business credit crunch. You know the storyline well. Battered with high risk debt, banks and other lenders became increasingly reluctant to provide the vital credit lines to the nation’s primary [...]
December 14th, 2009 by Alex Coté
Today, we published our latest report of small business payment activities (see chart below). After witnessing a growing gap between the payment habits of large and small businesses – as recently as a month ago small businesses payments languished at a 38 percent higher days beyond terms (DBT) than big businesses, who had since returned [...]
November 18th, 2009 by Alex Coté
The small business credit crunch has justifiably been one of the primary news themes during the recession and slow recovery. And while stingy, risk-adverse credit behavior from banks and lenders is often labeled as the primary culprit, some small business owners may actually be exacerbating the credit crunch, albeit more due to ignorance than intentionally [...]
