Banks lending to small businesses

So, is it banks not being willing to lend of companies not being willing to borrow?

\”Demand is muted, though,\” said Ibbetson. Demand is down 25% and when loan applications are received, the amounts being asked for are 25% lower too.

Gosh, that\’s a surprise, isn\’t it? That in a recession, companies can\’t see reasons to borrow money to expand?

My word, whatever next. Water is wet perhaps?

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