Small Businesses Rely More On Credit Cards Than Loans Due To Economy
Posted on 03. Nov, 2009 by Entrepreneur Financial in Business Credit Cards, Business Financial News, Small Business Banking
Getting a loan for small businesses be quite a challenge, but a recent article from CNN Money suggests more small businesses are applying for credit cards instead, since that’s all that banks will offer right now. However, running on credit cards alone could be a risky move. CNN notes that last month JPMorgan Chase had released four new types of small [...]
