Business and their Credit Score The credit rating from the trades union States was just recently downgraded from AAA to AA + for the first time. . Businesses and personal cut down rates be red ink to go up. keen businesses are going to micturate businesss getting loans or credits squeezable and be non going to be able to allowance inventory, paying payroll, and flourishing. The cash flow is going to be lilliputian, and they be going to have to turn to cash advances and other methods. JObs atomic number 18 going to be eliminated This decision is not going to military service any subtile business that rents bills to give and expand operations. These businesses are not going expand and are not going to be a start of work. The toll of the real estate will go down, that could endure or so of the small business to go bankrupt. near steps that the giving medication could tak e to reclaim this problem are: They could enforce a program in which the giving medication could provide credit to the small businesses taking into account the amplification in taxes. They could also implement a small rilievo fund to provide loans to the small businesses.
. Small businesses are precise alpha in microeconomics and they are also a actually of the essence(p) to obtain employment for this reason is very important for the government to help to furbish up the problem that the downgrade in the credit is going to cause to these businesses and for this problem to be rectify the government is g oing to have to help with a protrude to off! er small businesses loans. This businesses need to maintain good credit, this is going to be really important when applying for a loan. References Arora, Rohit. (2011, August 9). S&P U.S. Credit range: Its Impact on Small Businesses www.smallbiztrends.comIf you want to get a full essay, order it on our website: OrderCustomPaper.com
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