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NFIB Small Business Optimism Index: -3.0 to 91.4, vs. consensus of 92.0, 94.4 in May. The report...

  • Tuesday, July 10, 2012, 7:30 AM ET
    NFIB Small Business Optimism Index: -3.0 to 91.4, vs. consensus of 92.0, 94.4 in May. The report is a clear indication of slow growth. 23% of owners cites weak sales as one of the most important business problem.
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  • If your customers are out of work........


    Thank the GOP Congress nicely for blocking all attempts to revive the economy.
    10 Jul 2012, 10:50 AM Reply Like
  • Brilliant.
    10 Jul 2012, 11:12 AM Reply Like
  • LOL, so opposing tax increases and more deficits is a bad thing? And where's the Democrat senate budget? It's been 3 years since they even passed one.

    Still waiting for an Obama plan on the economy that doesnt involve more jobkilling government taxation, regulation and deficit spending.

    I do thank the GOP Congress for at least stopping more bad govt-expanding ideas, but the dysfunction in DC is totally bipartisan.
    10 Jul 2012, 02:24 PM Reply Like
  • FT - Everything you wrote will be news to him. The best that Hopium smokers can do in processing an original thought is to repeat failed DNC talking points. They did, afterall, fall for the a bunch of BS about a land of fairies and unicorns crapping raindow skittles in 2008.
    10 Jul 2012, 03:44 PM Reply Like
  • It's moreso the banks won't lend to "start-ups" or any small businesses that are in the high risk industry (construction, restaurant, etc...) unless they are making so much money that they don't need the money....then banks will hunt them down to try and convince them to take out a loan at low rates.

    Banks are in full protection mode still. Everytime I read an article how Chase is giving out small business loans, I think that article must be a paid article for PR. Every accountant I know that deals with small businesses has told me it only has gotten worse over the years for their clients to obtain financing. Banks are tightening up more.

    Banks should never have been bailed out....a more workable idea should have been to give each American 20-30k or whatever the calculation is instead to pay off their own debt which would ultimately help banks AND Americans.

    Rant over
    10 Jul 2012, 11:10 AM Reply Like
  • Do you consider 6% to 9% low for small business loans? for companies with excellent and track records.
    10 Jul 2012, 12:18 PM Reply Like
  • Try to get an SBA loan....that's your best bet then. 9% is too high if you are cash flowing for years with great credit, but if you're not one of the perfect candidates, 9% is better than no loan if you decide you can make the payments work within your business model.

    That's the best I could tell you based on not knowing all those particulars briefly noted above.
    10 Jul 2012, 12:49 PM Reply Like
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