More than 20 organizations representing thousands of banks, credit unions, and other financial institutions have petitioned Congress
The federal mortgage authority sold a tranche of more than 1,200 seasoned geographically diverse loans
When banks shut down lending in 2008 cash was certainly king all the way through the end of 2009. The FDIC’s bank task forces were shutting down banks daily, and those who were able to step up with cash were winning in a big way.
Building business relationships is not just about sweat equity. Working hard at building solid business relationships is a prerequisite for success, to be sure, but it doesn’t guarantee that you’re landing your deal. You must recognize the variety of financing options a business may benefit from as the market fluctuates and the needs of businesses change.