Money to Mainstreet
For the last few years, entrepreneurs have been struggling to access needed capital to either start a business or grow their companies. This diminishing flow of capital to small businesses could be attributed to a variety of factors. First, there was the financial and housing crisis which locked up capital reducing market and funding liquidity. [...]
Bryan Moeller, Director of Small Business Banking at Wells Fargo, and Jeff Stibel, CEO of Dun & Bradstreet Credibility Corp., discuss how banks are currently lending to small businesses. Moeller talks about how banks have seen a decline in lending, but that more recently there has been an increase in demand for loans. When people [...]
Jeff Stibel, CEO of Dun & Bradstreet Credibility Corp., discusses the importance of transparency in relationships with your banker to increase the chance of a loan. The quantitative aspects to a loan are important, but the qualitative aspects of credibility, reputation, and trust are just, as if not even more, important at times. Business owners [...]
Access to Capital: Chicago
Navy Pier
May 22, 2013
