Alternative Forms of Credit Grow
In this week’s Eagle Executive Briefings column, “Alternative forms of credit grow,” published in Business in Savannah, Luke Pittaway explained the factors limiting job creation and economic growth.
Luke writes:
“If entrepreneurs can’t find funds to start and small businesses can’t find funds to expand, we face a serious investment crisis that will impact job creation. Uncertainty in markets may be holding back large corporations from creating new jobs, but the ‘credit freeze’ is killing the job creation potential of entrepreneurs.”
Luke goes on to describe a novel governmental approach to financing new ventures in the United Kingdom. He also identifies internet sites that specialize in “crowdfunding” and if you don’t know what that term means, then you definitely need to read Luke’s column.
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