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Bitterroot businesses have access to capital

July 30, 2008 /

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One of the nation’s several economic worries currently is the general tightening of credit for businesses that need it to start, expand or diversify. But according to a study of the Bitterroot Valley economy, businesses here are not suffering from a lack of access to capital.

The Bitterroot Business Climate study is an ongoing project that now has interviewed 36 business owners around the valley about numerous aspects of the local economy. And one piece of the data jumped out as a surprise.

“The businesses have actually said that their access to capital has improved in 2008. Not by a lot,” Bitterroot Expansion and Retention (BEAR) study member and Ravalli County Economic Development Authority http://www.rceda.org/ Executive Director Julie Foster wrote in an e-mail to the Ravalli Republic.

by JOEL GALLOB – Ravalli Republic

Full Story: http://www.ravallirepublic.com/articles/2008/07/30/news/news10.txt

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