Should Banks Be Forced to lend to Small Firms?

If banks are in the lending business, whey should they be forced to lend by any other requirement other than an inherent obligation? If a prospective lender meets clearly defined criteria, it should be difficult to refuse a credit request, especially from small businesses struggling under the strain of the credit crunch. There was a time when small business was regarded as the foundation of an economy, what happened to this view?’ Response by Malcolm Holloway


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