The Bank of Canada today indicated today that the ' recovery is taking hold ' , with some major commentary around business financing, which is the business of 7 Park Avenue Financial .
Interestingly enough they referenced a survey of ' bank loan officers ' who indicated that lending conditions have stabilized after a period of what they referred to as ' tightening '. Again borrowers ' increased access to financing 'was referenced .
It was good to hear the many business referenced hiring potential and new equipment acquisition .
We deal with a number of these ' loan officers ' and I would agree that , as we have said before, it couldnt get any worse and it does feel better out there with respect to business financing and borrowing . Hello 2010!
Stan
Our blog highlights Canadian Business Financing solutions via receivable finance , equipment finance, working capital financing, asset based lending, business acquisition financing,franchise finance, and tax credit monetization via SRED and Film Tax Credits. Our goal is to educate and assist Canadian businesses with their financing needs. You Are Looking For Canadian Business Financing! Welcome to 7 Park Avenue Financial Call Now ! - Direct Line - 416 319 5769
Showing posts with label business borrowing. Show all posts
Showing posts with label business borrowing. Show all posts
Monday, January 11, 2010
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