The relationship among lenders, small businesses and existing real estate loans gave U.S. readers a glimpse into how lending is stalled by new dynamics behind evaluating risk.
A Wall Street Journal article called "Loan squeeze thwarts small business revival" features Bank of Ann Arbor, Michigan Ladder Co. in Ypsilanti and Saline-based builder Peters Building Co.
According to the article: "A year and a half after the financial crisis hit, the U.S. credit machine is still malfunctioning. During the boom, credit was too abundant. Now the pendulum has swung. "
Read the story here.
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