Credit is the oil that lubricates the machinery of business. Whether it’s a loan to buy supplies, equipment, meet payroll, fund a new franchise or other operating expenses, credit will likely be a part of the transaction.Unfortunately, the upheaval in today’s economy has resulted in a credit crunch that seems to have made it tougher than ever for business owners to swing a loan.Still, for those in the know, there are enough options available to make the task a little easier. Money may be tight, but business loans are being made every day to those who know how to
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