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Small Business Lenders are in Demand

July 16, 2010

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When Federal Reserve Chairman Ben Bernanke urged lending institutions in mid July to help small businesses get credit, commercial lender Hartsko Financial Services was listening. Hartsko CFO Adam Rotblut explains how his company continues to grow as more small businesses find credit hard to come by.

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Lending requirements for small businesses

On August 27th, 2011 Brian Keen (not verified) said:

Yeah, it’s crazy. It’s most difficult for the job creators (small business) to get any kind of loans to expand. Our firm (WebpageFX) tried to get a loan to purchase and restore an older manufacturing building and the bank wanted us to have the same amount they were going to loan us at an account at their bank; what!?! If I had the money in cash, why would I try to get a loan? I guess that’s telling us no nicely but asking us for 100% vs. say 60% is nuts!

small is good

On July 19th, 2010 a bfmag.com reader (not verified) said:

The difference here is they can look at each deal. Deals don't have to fit into an exact formula to make sense. Large banks don't have the flexibility companies like this have.

I agree with you, these big

On August 21st, 2011 Accel Business Solutions (not verified) said:

I agree with you, these big banks aren't built to look at things on a case-by-case basis. Too many financial ratios, etc to consider, and not enough looking at other factors. Great though, for the small bis lenders