Small business lending during the recession
Betty Joyce Nash and
Richmond Fed Economic Brief, 2011, issue Feb, No 11-2
Access to credit enables businesses to smooth income streams and take advantage of growth opportunities. Without credit, a business may be forced to cut production or restrain growth. If credit constraints affect businesses across economic sectors, the result could be widespread declines in production and employment. Since the recession started in 2007, there has been a growing concern that small businesses may lack adequate access to credit. This Economic Brief examines the complexity of small business credit issues
Keywords: Credit (search for similar items in EconPapers)
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