Tuesday, January 12, 2010

BRIGHTENING , AND ME

Today's Globe and Mail had an article that I think quite accurately reflects some of the current business environment ; it was titled ' LOAN AVAILABILITY BRIGHTEN - FOR BIG FIRMS ' and highlighted the fact the the liquidity crunch seems to be easing for larger firms, but small firms are still very challenged in getting credit, and additional collateral is being requested by the banks, etc. . The article indicated that many businesses are ' high risk ' borrowers ; I am of the opinion if they are higher risk they should not get the loans, credit, operating lines etc - But businesses with solid track records and good potential , albeit smaller in size, still seemed to be lumped in with the bad . That doesn't seem fair.
Stan

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