Green Options » Fieldus http://greenoptions.com/tag/fieldus Posts tagged 'Fieldus' Wed, 03 Dec 2008 08:20:41 +0000 http://wordpress.org/?v=2.5.1 en Microenterprise Leaders Working to Help Small Businesses Affected by US Financial Crisis http://ecopreneurist.com/2008/12/03/microenterprise-leaders-working-to-help-small-businesses-affected-by-us-financial-crisis/ http://ecopreneurist.com/2008/12/03/microenterprise-leaders-working-to-help-small-businesses-affected-by-us-financial-crisis/#comments Wed, 03 Dec 2008 08:20:41 +0000 Reenita Malhotra http://ecopreneurist.com/2008/12/03/microenterprise-leaders-working-to-help-small-businesses-affected-by-us-financial-crisis/ As credit tightens up and business conditions worsen in what has now been officially declared as a recession, small businesses that rely on funding are the first to suffer.

Responding to the sharp economic downturn facing the nation, a group of seven leading nonprofits that offer lending and support services to small businesses are taking swift actions to help entrepreneurs challenged by higher costs, declining sales, and tightening credit.

Leaders of the seven organizations came together last month in Albuquerque, NM, to share their approaches, including: customizing their counseling and coaching services to help businesses adapt to the economic downturn, implementing new technology and reconfiguring staff to increase loan production, and developing new loan products and financial counseling services for credit-challenged customers.

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