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Old 2008-09-27, 23:24   Link #127
Vexx
Obey the Darkly Cute ...
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Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
In the US Northwest .. .small and medium businesses are the vast majority and employ most of the people: they can't get loans. They can't get operating credit so they can survive between doing the work and getting paid. Many of them are starting to close - and they are perfectly good profitable companies with good business plans and good history on paying their bills.

An immediate way to stop a spiral might be setting up a process for them to continue to get operational loan credit (from the SBA?) until the banks decide the Red Alert is over.
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