jbehar

Small business credit news

In Uncategorized on March 31, 2010 at 8:10 am

A couple interesting articles in the Wall Street Journal.

1.) Credit Unions, Commercial Banks At Odds Over Lending Turf

Credit Unions hoping to fill a small part of the large hold commercial banks have created in small business financing.  While banks are slow to get back in the lending game (despite welcoming funds from the federal government to do so) the do not want to cede turf to Credit Unions.

2.) Dell Spurs Sales by Lending to Hard-Hit Small Businesses

For years, Dell Inc. has relied on sales to small businesses for a big chunk of its revenue. It sells more personal computers to small companies than any tech supplier. Now, it is offering more credit to spur small business purchases.

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