Tag Archives: Small business financing

Lenders see rise in bad microloans

MICROLENDERS predict nonperforming loans (NPLs) will grow from 0.67 percent last year to more than 1 percent in 2009 as more borrowers struggle to pay their debts in an economic slowdown. Even with the slowdown, some lenders say their total loans will increase in 2009 as demand for banking services grows. That could lead to … Continue reading