When your doorbell rings, you might pretend to be scared by a group of kids wearing ghost costumes. And you'll hand out candy and have a lot of fun. But the ghosts you should really be scared of are the ones who never ring your doorbell... the credit ghosts!
Small-Business Lending Summit Features Obama Administration's Top Appointees, Elected Politicians and Industry Leaders
At the recent Small Business Lending Summit, franchising was cited as a popular path to entrepreneurship. But the difficulty that small-business owners face for financing is a challenge.
To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.
Wall Street is in a full meltdown. Bear Stearns is gone, so the markets are wondering who's next. The leading contender? Lehman Brothers.