A business applying for a loan is much likely to meet with difficulties these days.
Due to the economic crisis and more specifically the bank crisis, the terms for getting a loan are stricter than before and in several cases bank credit requests are too easily declined. The enterprises that are facing the biggest problems with this new bank policy are found in the so-called vulnerable sectors as the textile sector, as well as commercial chains.
Experts in the field of economics however warn for the consequences of declining loans to shops and enterprises and fear that this will make the recession even worse.
Willem Hendrickx
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A business applying for a loan is much likely to meet with difficulties these days.
Due to the economic crisis and more specifically the bank crisis, the terms for getting a loan are stricter than before and in several cases bank credit requests are too easily declined. The enterprises that are facing the biggest problems with this new bank policy are found in the so-called vulnerable sectors as the textile sector, as well as commercial chains.
Experts in the field of economics however [add commas before and after however] warn for the consequences of declining loans to shops and enterprises and fear that this will make the recession even worse.
good flow & style
olaf
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