Yet To Unwind

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As the latest Federal Reserve Survey reveals, most Banks
have yet to unwind their restrictions on business lending.

Recommend Factoring to your clients with
commercial accounts receivable on their books.
Factoring can help them remain liquid until credit
becomes more readily available.
______________________________

Published in: Business, Economy & Finance
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Yet To Unwind

  1. 1. As the latest Federal Reserve Survey reveals, most Banks have yet to unwind their restrictions on business lending. Recommend Factoring to your clients with commercial accounts receivable on their books. Factoring can help them remain liquid until credit becomes more readily available. ______________________________
  2. 2. The latest survey indicated that commercial banks generally have yet to unwind the considerable tightening that has occurred over the past two years. For many major loan categories covered by the survey, the net percentages of respondents that tightened standards in the fourth quarter of 2009 were close to zero. However, banks continued to tighten a number of terms on loans to businesses. Large net fractions of respondents further tightened their CRE lending credit standards during the final quarter of last year. In addition, banks reported that they had tightened terms on CRE loans substantially over the past year. For More Information on Factoring Chris Lehnes 203-493-1663 clehnes@VersantFunding.com

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