Increasing number of small businesses in need of financing but face borrowing difficulties: report

By Anosha Khan (July 6, 2023, 3:58 PM EDT) -- The Canadian Federation of Independent Businesses (CFIB) has released its second report in its Financing Main Street Research Series discussing small and medium enterprise (SME) financing indicators. The report found that the amount of small businesses seeking financing has surged in the last decade and that the cost of borrowing has increased in the last three years....