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Tight Credit Hurts Small Businesses

  • Leta Fincher

The trouble that began on Wall Street is beginning to trickle down to Main Street, as small businesses find credit tightening up. Many banks are wary about lending until it's clear who will take responsibility for the bad debt they are carrying. Many small business owners are finding it hard to borrow to finance their operations, and they worry about whether their customers will be able to buy their products. Leta Hong Fincher has more.

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