Common Questions For Business Owners Looking For Financing
Here is a list of common questions that many small to mid-sized businesses are all asking:
Q – Are Banks Still Lending Money?
A – Yes and No. Anyone can see that there have been many banks that have failed. The truth is that many banks made bad loans and now have many non-performing assets on their books. They now need to reduce their assets because of regulations and by doing so they are not able to lend. That being said, there are still MANY banks who did not make risky loans and who have a lot of capital that they need to lend to make money. Banks are for-profit institutions and the way they make money is by lending it out. They will still look for qualified borrowers, but they are very interested in lending money.
