A Quote by Karen Mills

In October 2008, when the credit crunch hit, small businesses were really crushed by the lack of capital.

Quote Topics

Businesses Capital Credit Credit Crunch Crunch Crushed Hit Lack October Really Small Small Business Small Businesses Were

Quote Author

Karen Mills
American - Public Servant
Born: September 14, 1953

Many small businesses rely on small financial institutions, like credit unions and community banks, to meet their capital requirements. Without them, these small businesses would have to close their doors.

Sam Graves

In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.

Sam Graves

Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on.

Roger Altman

Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs.

Muhammad Yunus

The lack of available credit and loans is having a severe impact on small businesses in particular, but also their suppliers and the bigger companies too.

Lucy Powell

As I've traveled around the country, it has surprised me how many times I've heard people in small businesses use that word 'saved.' I believe many small businesses would not have had access to credit and would not have survived without the $50 billion that we were able to put into the market.

Karen Mills

If you talk to anyone involved in business - forget banks and big business - talk to small businesses - do it yourself, don't ask me - they'll tell you it's crippling. Small-business formation is the lowest it has ever been in a recovery, and it's really for two reasons. One is regulations and the second is access to capital for people starting new businesses.

Jamie Dimon

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

Warren Buffett

How many of the unicorn companies are really prosaic businesses - like limousine services or renting rooms in your house? The original VC firms from the '70's made their money and established the reputation of their respective brands by leveraging big cleverness with small capital, not small cleverness with big capital, and that's what's going on with these unicorns. That has never worked and it won't work this time. It doesn't produce venture quality returns, and it never will.

Kevin Kinsella

The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.

Hilaire Belloc

Although usury is itself a form of credit in its bourgeoisified form, the form adapted to capital , in its pre-bourgeois form it is rather the expression of the lack of credit .

Karl Marx

We also need to reduce corporate tax rates. This applies to small, medium and large businesses. At 35 percent, we have the second highest corporate rates in the world. It restricts the growth of small enterprises that need to plow capital back into their businesses and forces companies and jobs to move overseas.

Meg Whitman

The reality is, for small businesses, there really aren't HR systems. Small businesses are rolling their own.

Parker Conrad

When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods and services.

Meg Whitman

In spite of the dominant role played by women in both farming, they are denied credit as they lack land titles. Only a small percentage of Kisan Credit Cards goes to them.

M. S. Swaminathan

Because I work with entrepreneurs who own businesses, I have found Doug Tatum's No Man's Land to be a really helpful body of working knowledge. It's very applicable to most businesses that have the usual problems of growing businesses - managing people, capital, markets, etc.

Lewis Schiff

A Quote by Karen Mills

Quote Topics

Quote Author

Related Quotes

Related Authors