Newsday: Small businesses face rising costs says NY Fed

August 12, 2014
August 12, 2014 LI Advantage

Newsday: Small businesses face rising costs says NY Fed

Small businesses in New York and several adjoining states are facing rising costs, limited credit availability and time-consuming credit applications, the Federal Reserve Bank of New York found.

The regional Federal Reserve Bank released its Small Business Credit Survey on Tuesday to highlight the financing needs, business choices and borrowing experiences of businesses with fewer than 500 employees in New York, New Jersey, Connecticut and Pennsylvania. Click here to read more…

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