...access to credit remains strained for borrowers who are particularly dependent on banks, such as households and small businesses. Bank lending has contracted sharply this year, and the Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices shows that banks continue to tighten the terms on which they extend credit for most kinds of loans--although recently the pace of tightening has slowed somewha

1. In his recent comments, Fed Chairman Bernanke discussed banks
continuing reluctance to lend to businesses.
If your clients among those without access to bank loans, recommend
factoring.
Factoring can help provide them a bridge to a time when banks are
once again lending to businesses.
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For More Information on Factoring Contact:
Chris Lehnes
203-664-1535
clehnes@VersantFunding.com

2. click here to view the complete text of Bernanke's speech