Getting Credit For Small Business

                   

I have often discussed how small business has had problems getting credit amidst restrictive Washington regulations.

                       

Small business has little access to public sources of borrowing. And they are usually in no position to sell stock to investors. Where will they get funds?

                       

Credit cards are one solution. About 80% of small businesses pursue this arrangement, though rates are high. But this source is getting tougher, because of increased government meddling.

                       

Left-leaning politicians believe that anyone who charges more than what a bank does is a usurer, even when there is no money available at bank rates. That’s because such politicians never understand supply/demand economics.

                       

The next time you hear talk about real jobs, it will be mere talk. Nothing practical is being done. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)