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Outside the Box: The recovery will be weak if small businesses can’t get the credit they need and deserve – Vested Daily

Outside the Box: The recovery will be weak if small businesses can’t get the credit they need and deserve

If small businesses do not recover from the coronavirus pandemic, the rest of the economy won’t either.

Across America, in big cities and small towns, the auto mechanic shops, restaurants, mom-and-pop retailers, and small industrial firms create two-thirds of all net new jobs. Moreover, the money that people spend in these businesses tends to stay local and accounts for 44% of all economic activity.

Yet,…

This post was originally published on Market Watch

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