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Small Business Center

Small Businesses Grapple with Tight Lending Standards

June 7, 2023

As banks tighten their lending standards, small businesses struggle to secure loans and experience stricter terms and higher borrowing costs. The Wall Street Journal delves into the challenges entrepreneurs face as they grapple with limited access to financing from reduced credit lines to delayed expansion plans. WSJ explores the impact of these changes and offers insights into alternative funding options for small business owners.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

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