Two-day job fair in Crestwood
September 4, 2012 3:14PM
Updated: October 6, 2012 1:40PM
Crestwood will hold a job fair from 9 a.m. to 3 p.m. Sept. 14 and 9 a.m. to noon Sept. 15 at the Biela Center, 4545 Midlothian Turnpike, Crestwood. Participation is free of charge. For information, contact Alex or Travis at Fanning Communications, (708) 293-1430 or email firstname.lastname@example.org.
Small-biz lending up slightly in July
Lending to small businesses rose only slightly in July, another sign that companies are hunkering down because of uncertainty about the economy.
A survey released Tuesday by PayNet, a research firm that tracks loans to small business, shows that lending rose 3 percent after falling five out of the previous six months. The Thomson Reuters/PayNet Small Business Lending Index rose to 103.8 in July from a revised 100.5 in June. The index was up 15 percent from a year earlier. But PayNet also said that for the first time in 21/2 years, businesses are taking longer to pay their bills. Loan payments at least 30 days past due rose 0.04 percent to 1.2 percent during July. That means the amount of money that companies hadn’t paid by 30 days after the due date came to $1.20 out of every $100. Small business owners say they’re borrowing less because they’re unsure about their sales and the overall economy.