The money’s there, but small businesses put borrowing aside
by Lisa Monti
Published: January 18,2013
Tags: banking, Chevis Swetman, finance, lending, small business, The Peoples Bank
Bankers say they have the money to lend small businesses but they see owners staying on the sidelines rather than borrowing. Chevis Swetman, chairman of the board and chief executive officer of The Peoples Bank in Biloxi, neatly sums up small business owners’ hesitancy: “Three little words: Fear, uncertainty and doubt.” The Peoples Bank has [...]
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