To Lend or Not To Lend
As we stated in our recently released newsletter, one of the areas of focus for us is the availability of credit (along with employment and valuations). There have been many articles over the past week commenting on the lack of available credit to small businesses. It is worth noting that most of the job creation in this country comes from small business, not large multinational corporations. One item that continues to garner more attention is that banks are hoarding cash. …