Announcing 2 new financial web sites for women in business:
Business Women Grants- A new site featuring foundations and grants for women looking for funding help to start their business.
Business Women Loans- A new site featuring business loans for women including microloans in the US
We are bombarded daily with banks on the radio, television, newspapers, and the Internet of promises to be “small business friendly”, “small business oriented”, wanting to be your “personal small business advisor” and a panoply of packages taking care of all your business needs. What small businesses really need in this credit crunch since the mid 2008 is money, not personal hand caring services. So is there anyone out there really making small business loans? Very few.
But if you know where to look you can find one…
Although recent discussions using the colorful terms “Dead Banks Walking” and “Zombie Banks” contain some humor and have entertainment value, there is also a more serious and practical aspect. For most business finance funding situations, it is not likely to be in the best interest of prudent business owners to be involved with a bank which can be accurately described as a zombie bank or dead bank walking.
The impact for commercial financing can be extensive because the descriptions increasingly appear to apply to a significant number of banks. If they are dealing with a dead bank walking, it should be helpful for commercial borrowers to discover their practical options for eliminating zombie banks from their working capital loan review process.
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