Credit card companies squeeze small businesses

06/19/2009 |

Credit card companies are tightening limits for small-business owners, a trend that could slow economic recovery. By April, 59% of the country's 27 million small businesses were using credit cards to fund daily operations, up from 44% at the end of last year. About 75% of small-business owners reported big cuts in their credit limits during the past six months.

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