News summary: Small biz still uneasy about loans

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News summary: Small biz still uneasy about loans

By By The Associated Press

RISKY BUSINESS: A survey of small businesses by Pepperdine University and Dun & Bradstreet Credibility Corp. finds that companies were as reluctant to take out loans in the third quarter as they were in the first quarter.

ENVIRONMENTAL PRESSURE: Nearly two-thirds of the owners surveyed said the difficult lending environment was making it had for them to expand.

FAMILIAR TUNE: The survey confirms other reports that have shown that small businesses are uneasy about taking on more debt and in turn, are hesitant about hiring more workers.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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