http://blogs.reuters.com/small-business/2011/09/09/why-the-debt-ceiling-debate-wont-stop-america%e2%80%99s-small-businesses/ Grow your own Fri, 03 May 2013 19:51:47 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/small-business/2011/09/09/why-the-debt-ceiling-debate-wont-stop-america%e2%80%99s-small-businesses/comment-page-1/#comment-4534 SymphonyMusic Tue, 13 Sep 2011 13:24:23 +0000 http://blogs.reuters.com/small-business/?p=5747#comment-4534 It remains true that the banks do not lend unless you can show you don't need the money. The difference today, however, is that they no longer advance funds against confirmed letter-of-credit. They seem to have forgotten how business is done and do not have a mindset to even try to figure out that they are the ones that are wrong. It's too bad because their attitude influences politicians who also don't know. It's a good thing small business continues to exist. It remains true that the banks do not lend unless you can show you don’t need the money. The difference today, however, is that they no longer advance funds against confirmed letter-of-credit. They seem to have forgotten how business is done and do not have a mindset to even try to figure out that they are the ones that are wrong. It’s too bad because their attitude influences politicians who also don’t know. It’s a good thing small business continues to exist.

]]>