When espousing the many capabilities and applications we see for the WAIN Street Business Credit Health Index there is always a concern about coming off as too ambitious or “pie in the sky” which can hurt credibility, especially in an industry that is practical and risk conscious. However, we keep finding hints, nearly every day, …
We’d like to talk about loan securitization for a moment, but have a small caveat. Despite the 2008 meltdown, if you acknowledge it as a financial tool that can be used (or abused) in a variety of ways, we invite you to continue reading. If you have already doomed securitization as an unallowable practice, we …
The irony of small business credit these days comes down to a single frustrating truth: Banks will lend you money if you don’t really need it. Since the 2008 crisis, despite well-meaning efforts from many areas of government, small business lending remains depressed. And the kicker is we still really don’t know why.
From CNBC: Rep. Graves: Small Business Credit is Key To Improving Economy Representative Sam Graves is the Chair of the House Small Business Committee, and not surprisingly he’s concerned about small business and their access to growth credit. His blog (from several months ago) runs through the usual statistics that have been floated the the media …
Inconsistent Banking Rules Hurt Small Businesses Read More »
From Businessweek: Make the Next Bailout Serve Small Business It’s an oldie, but still very relevant. Why has there been such a huge failure by the architects of the these bailouts at making them work for small and medium businesses? Mr. Shane talks about a number of problems with trying to target the bail out billions …
From Bloomberg Businessweek: What We Don’t Know About Small Business Lending The 2008 crisis has shed some light on many problems with our financial system that have been either hidden or ignored. One of those problems is that we simply don’t have enough information about mid-market and small businesses.
