Georgia Small Business Lending at an All-Time High
KENNESAW, Ga. (May 2, 2018) — Lending for small businesses is at an all-time high in Georgia, yet some still struggle to access credit.
In many cases, the explanation is pretty simple, according to Drew Tonsmeire, the area director at the UGA Small Business Development Center at Kennesaw State University.
“It’s really not the size, but the age of the business,” he said. The older a business is, the more there is for a lender to evaluate to ascertain creditworthiness.