Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

vh_illo.top.jpgFORTUNE -- Before the credit crunch, it was easy for companies to borrow just about any amount of money anytime they wanted. As you'll hear from grocery store operator Scott Nash below, entrepreneurs often would apply for larger credit lines to expand their businesses, and they got drunk on easy credit. Who needed good money-management habits when your banker would pony up on command? You know how that story ended. Bankers turned off the spigot, and small-business owners had to find other ways to raise cash. But it's not as hard as you think to find new sources of capital. Here are five strategies that actually work.

To read the full, original article click on this link: Five ways to respond if your bank has turned its back on you - Oct. 5, 2010

Author: Verne Harnish