Tuesday, August 1, 2023

National Business Update: US Chamber Says It Will Cost Businesses More to Borrow and Grow.

 

Have you read over today's Southern Wayne County Regional Chamber of Commerce newsletter/email?

In today's, Tuesday, August 1st, 2023, "Downriver Business News & Resources" email sent out by the SWCRC Chamber there was an article titled "National Business Update: U.S. Chamber of Commerce Says It Will Cost Businesses More to Borrow and Grow."

 Did you get a chance to read it over?

 In summary it states:

Why it matters: Tougher bank regulations would make bank credit more expensive for borrowers, which could hurt investment and economic growth.

Banks would make fewer loans. Entrepreneurs looking to start a new business or an existing business looking to obtain financing to expand would have fewer financing options and at higher prices.

 Full Article

This made me feel OBLIGATED to share with you that we offer revenue-based funding. While you may not need us now, I implore you to save or bookmark the links below.

Services that can assist your business growth:

Bookmark this link for details and all available services then check back when you need them. https://www.davidallencapital.com/tgjc

Mr. Tracy G.J. Congdon | US Army Veteran 

(313) 379-8282 office (313) 536-7379 fax 

525 N. Main St, Suite 270 Milford, MI 48381

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