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August 29th, 2014

CREDC Eyes National Trend

In a news article dated August 28, 2014, Investor Daily reports that signs of a once again expanding economy include rising capital investment levels being made by business across the U.S.  Businesses that have protected cash reserves for the past 6 years are finally pulling the plug and putting money into expansion efforts such as new machinery and equipment or increased plant size.  Super lean business models that preserved cash were needed to weather the recession; however those same models are unable to keep up with increasing demand for goods and services in today’s marketplace.  On a level closer to home, CREDC reports that inquiries and loan applications for these same reasons have increased since 2013.  A vast majority of financing projects supported in 2013 and 2014 are for manufacturing companies which include the purchase of new machinery and equipment.  Click here to read the full Investor Daily article.


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