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Credit Standards |
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The lending community has made strides to improve its services and products in large part by lowering credit standards and raising allowable debt-to-income ratios. But a number of the small businesses in question are not able to meet the credit standards required by most traditional lenders and their government agency regulators. There may be times when loosening the credit standards makes good sense--as a courtesy to an especially good customer and with the CFO's OK. |
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