Texas Business Lawyer

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Entries Tagged as 'Austin Business Law Attorney'

Amid Credit Crunch, Banks Wary of Commercial Loans

February 18th, 2008 · No Comments

The financial crisis in the mortgage and real estate industries is sending shock waves throughout the economic sphere, making many banks leery of issuing new commercial loans, particularly to small businesses. Even with a low Federal Funds rate, approximately 1/3 of banks in the U.S. had enacted tougher commercial and industrial loans during the 4th […]

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