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With bank credit frozen, small U.S. businesses starting to turn to microlenders
Date:
2010-03-08T05:49:00.583
Author:
AAA Staff
Editor note:
Ylan Q. Mui -- Financial institutions that specialize in small loans to mom-and-pop operations that are often below banks' radar. The average size of the LEDC's loans is $10,000 at a 10 percent interest rate.
Number of Views:
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View original artilce:
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/07/AR2010030702518.html?hpid=moreheadlines
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