Due to these issues, the federal government provided bailout funding to many banks to enable their capabilities to support business financing. Once banks received the bailout funding, they should resume their lending activities. The problem here is that, some of the banks are hoarding the funds and this keeps them from operating.
The small business financing has become the next problem for those who want to start the business. Commercial lending has been greatly affected by the decline of real estate values. Many real estate owners could not make their commercial mortgage loan payments or refinance business debt, because of this, the bank losses a big amount of money and cannot be able to do their financing activities.
Amidst the issues currently confronted by small business financing, there are still a lot of entrepreneurs struggling to get their business moving. It takes a lot of determination for an entrepreneur to operate with a limited business financing grant, and this is a challenge they need to face.
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