by Calculated Risk on 11/21/2008 08:50:00 PM
Friday, November 21, 2008
Update: Banks Lending
FYI: A friend (in management at a public company) told me his company just obtained a new loan for expansion and a revolving line of credit. This loan is on the order of $100 million. One loan doesn't mean the credit markets are thawing - but the discussion definitely sounded like the banks are starting to lend again. Show me the money!