The credit crunch is on. Lenders have stopped lending. Credit has become extremely tough, almost impossible, to obtain. And the general feeling among banks and traditional lenders can be boiled down to one word: Fear. Lenders fear that they will book big losses on future loans because they're taking such a beating on existing ones. This fear is making them reluctant to lend--and small to medium-sized businesses are feeling the brunt. Forget about expansion; without working capital, businesses are struggling just to remain solvent. But there are exceptions. Platinum Funding US and UK are poised to partner with businesses to help them meet, and exceed, their strategic goals.Read more
Wednesday, February 4, 2009
Platinum Funding UK Commands Momentum
The credit crunch is on. Lenders have stopped lending. Credit has become extremely tough, almost impossible, to obtain. And the general feeling among banks and traditional lenders can be boiled down to one word: Fear. Lenders fear that they will book big losses on future loans because they're taking such a beating on existing ones. This fear is making them reluctant to lend--and small to medium-sized businesses are feeling the brunt. Forget about expansion; without working capital, businesses are struggling just to remain solvent. But there are exceptions. Platinum Funding US and UK are poised to partner with businesses to help them meet, and exceed, their strategic goals.Read more
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