Caught up in the credit crisis

Banks reluctant to give loans, and companies are wary of borrowing

By Louis Uchitelle / The Bulletin
October 2, 2008

Some small companies say they are no longer able to get loans from newly cautious banks as credit tightens across the United States, and even those who do qualify are increasingly reluctant to borrow and expand, fearful of overextending themselves in the midst of the financial crisis.

Alan....

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