What Credit Crunch?
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Submitted by Businomics Blog
I keep reading about the credit crunch. Can’t find it myself.
Oh, if you’re a sub-prime person who wants a house with nothing down and no income verification, then credit is not available. But outside of real estate, I can’t find a credit crunch. I’ve been talking to my many banker clients, and they all tell me they are happy making regular old commercial and industrial loans to businesses. Any company that still meets the standards banks were using two years ago will have no trouble getting a bank loan today.
