With lending from banks getting tougher for many small businesses, some entrepreneurs are turning to less traditional sources for financing.
The March 31 Wall Street Journal has an interesting article focused on microlenders, who are traditionally nonprofits that focus on boosting small businesses, particularly women and minority entrepreneurs in poorer communities and developing nations. But they are attracting more small business borrowers these days.
The Journal’s report highlights four developments. First, microlenders are lending more.
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March 31st, 2009
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