Paragon Financial Group is funding during the COVID-19 crisis.

Small Business Bank Lending Still in a Rut

Small Business Bank LendingLoans for small business are still to be very difficult to get. Small business advocates and bank executives continue to point fingers and blame the government for stricter regulations on obtaining small business loans.

“A combination of reduced creditworthiness, the declining value of homes (a major source of small business loan collateral), and tightened lending standards have reduced the number of small companies able to tap credit markets,” writes Ann Marie Wiersch and Scott Shane the authors of a Federal Deposit Insurance Corp. study on small business lending from banks.

Receivables financing and purchase order programs from Paragon Financial offer you a viable solution for your cash flow issues. We can help clients that have tax issues and even bad personal credit. Paragon helps startups, turnarounds, and non-bankable clients, and much more in all types of industries.

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