Why It's Riskier to Lend to East Coast Small BusinessesBy
Small business credit quality improved in the first quarter of 2013, according to a study published on Tuesday by Experian and Moody’s Analytics. That’s welcome news, especially given continued reports of small businesses’ struggles to get bank loans. But improved credit conditions haven’t been evenly distributed; East Coast states lag their counterparts out West, where a stronger housing market has lifted small businesses.
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