Credit crunch to end for restaurants?

Credit crunch to end for restaurants?

Most banks avoid lending money to restaurants. Credit unions are eager to fill the gap—providing Congress will let them.

Ask a bank for money to expand your restaurant business and you learn its loan officers seem trained to look for reasons to say “no.” Make that same request at a credit union and you get the feeling its loan officers look for a reason to say “yes.” Which is why you should hope that the U.S. Congress passes a bill that would raise the cap on credit union small business lending.

Right now, there are few restrictions on how much business lending banks can do

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