Microlenders Widen Their Client Base
Amid Tight Credit Market, More Firms Look Beyond Banks for Financing
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March 31, 2009, The Wall Street Journal — No loan is too small for small businesses these days.
With many banks continuing to put a hold on lending, more small-business owners and would-be entrepreneurs are turning to microlenders, organizations that dole out smaller loans typically ranging from as little as $500 to $35,000.
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Anjali Cordeiro
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