Karen E. Klein: What groups are surveyed in your study?
John Paglia: We survey banks, asset-based lenders, mezzanine funds, private equity groups, venture capital organizations, angel investors, business owners, business appraisers, and factors. We started the survey in 2009, and it's semi-annual. It's available complimentary to the public.
You surveyed 559 private companies, nearly half of which reported $3 million or less in annual revenue. What are their top concerns?
The No. 1 concern for private companies is access to capital. Nearly 31 percent cited that, even more than the 27 percent that said the economy is their top concern.
To read the full, original article click on this link: Why Small Business Can't Get Financing - BusinessWeek
