Increased bank lending offers cushion as businesses face sequester

03/6/2013 | Bloomberg

Bank lending is on the rise and is fueling employment, consumer spending and business investment, and increased funding to entrepreneurs such as Cellairis franchisee Ryan Spath provides a cushion for the workforce in the face of sequester budget cuts. Easier access to financing has encouraged franchisees to expand and hire more employees, as is the case with Massage Envy in Alaska and Bruegger's Bagels in New York.

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