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News summary: Small biz still uneasy about loans

Source : AP
Last Updated: Thu, Dec 06, 2012 21:30 hrs

: A survey of small businesses by Pepperdine University and Dun & Bradstreet Credibility Corp. finds that companies were as reluctant to take out loans in the third quarter as they were in the first quarter.

ENVIRONMENTAL PRESSURE: Nearly two-thirds of the owners surveyed said the difficult lending environment was making it had for them to expand.

FAMILIAR TUNE: The survey confirms other reports that have shown that small businesses are uneasy about taking on more debt and in turn, are hesitant about hiring more workers.




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