Small businesses see looser credit conditions, data show

11/29/2010 | USA Today

Small businesses are finally finding it easier to get bank loans, according to National Federation of Independent Business data. Although credit conditions remain tight, the number of small businesses that said loans were harder to get than they were three months ago fell to the lowest point since September 2008. "This looks to us like the start of a serious improvement," said Ian Shepherdson of High Frequency Economics, who added that lower jobless claims could also signal improvements at small firms.

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