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Small Businesses Get Caught In Credit Crisis - Hamptonroads.com
karen bradley, like many retailers, has had a tough 2008. sales are down about 30 percent for the year. they were down 50 percent for august, typically one of the busiest times for her uniform-supply stores, karen's uniforms. when one of her ...
hamptonroads.com

Reluctant Banks Could Prevent Small Business Growth
banks are hesitant to lend money these days, creating a money crisis for some small businesses in our area that need loans in order to grow.
www.nbc4.com

Small Business Owners Predict Difficult Short-term Conditions
a report from the parent company of delaware’s largest full-service banks indicates a sizable percentage of u.s. small business owners see tougher times ahead.
www.ledgerdelaware.com

Five Survival Tips For Entrepreneurs - Wall Street Journal
2 of 10 what do you do when sales are down and your credit's been slashed? you rethink your business. because of the ongoing credit crisis, banks are becoming even more reluctant to extend lines of credit to small-business owners. and the sluggish ...
online.wsj.com

Rock Turns Savers Away After Becoming Too Popular - Guardian Unlimited
northern rock was forced to close several of its most popular savings accounts yesterday after a rush of savers panicked by the near collapse of hbos and bradford & bingley switched their deposits to the government-owned bank. the bank, which was ...
www.guardian.co.uk

Small Business Owners Finding Loans Hard To Come By
many small business owners, or people who wish to open a new business, are finding small business loans from banks extremely hard to come by thanks to the financial crisis.
www.myfoxkc.com

Business As Usual For Small Banks
castile, n.y. (wivb) - as some big name banks continue to crumble or be bought out, it's business as usual for many smaller banks.
www.wivb.com

Vietnam Banks Cut Rates To Ease Money Shortage - Thanhnien
borrowers are set to benefit as banks begin lowering loan interest rates. savers may not be so happy as deposit interest rates are also being reduced. vietnam’s banks cut borrowing costs to customers after the central bank increased compensation on ...
www.thanhniennews.com

Lifting The Lid-investors Taking On Wall St Face Hurdles - Guardian Unlimited
new york, oct 2 (reuters) - the current wall street turmoil has spurred many lawsuits from unhappy investors, but shareholders hoping for big recoveries like those won after the enron and worldcom scandals could be out of luck. lawsuits against ...
www.guardian.co.uk

Small Business Frozen By Crisis
whether because banks won?t lend to them, or because they don?t want to take risks in a difficult market, small businesses, which employ 40 percent of americans, have been sitting still.
www.nytimes.com

Small Businesses Look To Small Banks For Credit
community banks say despite the financial crisis they're still making deals everyday. one texas banker says the number of small business owners turning to him for help has doubled now that lending at bigger institutions has come to a halt. (sept
www.gadsdentimes.com

Government To Clarify Accounting Rules For Banks - Businessweek
federal regulators on tuesday clarified accounting rules for banks in a way immediately embraced by the industry, which has been seeking relief that could boost its balance sheets in the financial crisis. the securities and exchange commission and ...
www.businessweek.com

Irish `safe Haven' Bank Bill Becomes Law - Businessweek
irish president mary mcaleese has signed a sweeping bank-guarantee bill into law, granting protection to all deposits with irish-owned banks. the deal commits ireland to insure unlimited deposits and the interbank debts of six dublin institutions ...
www.businessweek.com

Small Business Owners Look For Other Financing
small business owners have started turning to other source for loans as the credit markets freeze up. some are using second mortgages and credit cards to finance their businesses as banks change the terms of loans and increase interest rates.
cbs4denver.com

Small Banks Score A Coup By Lobbying
increasing the cap on deposit insurance, proponents say, would bolster confidence in the banking system and would help small-business owners.
www.nytimes.com

Northern Rock Cuts Savings Deals - Bbc News
northern rock has withdrawn a number of savings deals to new customers to ensure it does not abuse any competitive advantage. the nationalised bank is one of few financial institutions that has a 100% guarantee for the safety of customers' savings ...
www.bbc.co.uk

Crisis Rippling Into Economy - Axcess News
(axcess news) new york - brace yourself. the credit squeeze that almost every financial expert has warned about is here. banks are reducing credit lines and refusing to make new loans to everyone from the local used-car dealer to the office-supply ...
www.axcessnews.com

Expert Advice On Small Business Credit
the financial crisis has touched off worries among entrepreneurs about the status of their business loans and credit lines (businessweek.com, 9/26/08). will they have trouble rolling over their credit lines? will new credit be available for small companies looking to fund operations? smart answers columnist karen e. klein posed some basic questions to two experts about this issue: alex ...
news.yahoo.com

Credit Squeeze Tightens For Area Small Business
small- and medium-sized companies dependent upon credit and raising capital to stay in business and grow will have an increasingly tough time staying afloat as banks tighten credit, say business development professionals.
telegram.com

Homeowners Facing Foreclosure May See Little Benefit From Wall Street ... - Baltimore Sun
washington (ap) _ the harsh reality for murielle montes and hundreds of thousands of homeowners who are behind on their mortgages is this: a $700 billion bailout of the financial industry will probably do little to help them avoid foreclosure. on ...
www.baltimoresun.com