Small Business Loans Down 33%

According to a new report it's harder than ever for small business owners to obtain the equipment financing they need.

Even as their big competitors are awash in capital, many locally owned businesses are struggling to secure the financing they need to grow. Since 2000, bank lending to large businesses is up 36 percent, while small business loan volume has fallen 14 percent and "micro" business loans -- those under $100,000 -- have plummeted 33 percent.

Read the whole article here.