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What Lenders Require in Today's Economy

[fa icon="calendar'] Feb 2, 2015 3:14:16 PM / by admin posted in Audit and Accounting, lenders, financial statements, business credit

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In today's tough economy, the availability of business credit remains tight. Financial institutions are cautious and highly skeptical of new lending requests. In addition to increased scrutiny regarding new relationships, bankers are also increasingly turning their focus to existing customers. With little or no notice, lenders are closing business credit lines or reducing the amount of available credit.

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