Small businesses in debt crisis

By Jessica Stanic · 29 July 2009 · Locked

Small Businesses on Brink of Financial Collapse

The economic crisis is taking a devastating toll on small businesses, pushing many into a debt spiral from which they may not recover. Will your favorite local businesses be next to fall?

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Summary

The economic crisis is continuing to take its toll on small business with many falling into a vicious spiral of debt as debtors continue to delay payments or not pay at all, cash flow specialists Oxford Funding observed today.