CNBC: Lenders Finally Opening Doors to Small Businesses

2009 August 20
Downtown Portsmouth

Downtown Portsmouth

Since the launch of our blog we’ve discussed the market conditions that led to the credit crunch small businesses have experienced for the past several months. Direct Capital bucked this trend by increasing our credit facilities and launching several programs to help small businesses to get the money they need.

CNBC.com recognized this and featured our support of franchise businesses in a recent article.  In the article, the story of Aristotle Hir Souliotis is one we hear several times a day – commercial banks are having their own set of problems and aren’t lending like they used to.

Has your business experienced the fate of Aristotle with commercial banks? Share your story with us in the comments.


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Image Credit: SmellyKnee

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