Small Business Lending On The Rise

As we supposedly continue our economic recovery, the number one issue facing franchise systems and other small businesses is the lack of access to credit.  In a recent interview, International Franchise Association President and CEO Steve Caldeira commented that "it all comes back to credit access. . . we have to figure a way to get credit flowing for franchise lending, to stimulate growth and job creation."  I have said it before and I'll say it again: our economy won't truly recover until small business gets some of the relief it sorely needs.  Finally, some good news on that front: according to a story in yesterday's Wall Street Journal, lending is starting to increase.  Let's hope this trend continues.

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