Small businesses, banks differ on loans
March 10, 2010 by VC-List.com
Small businesses, banks differ on loans
For small-business owner Skip Gronauer, the quest for capital continues.Gronauer, president of Regal Motors, has spent more than a year trying to find a suitable financial fit. But after visiting more than two dozen banks without any luck, he is frustrated.”I have good collateral and great credit, but banks look at the auto industry and decide they don’t want to take a chance on me,” Gronauer …
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