Survey - Restrictive lending in Austria

BusinessEconomy ♦ Published: June 14, 2010; 00:00 ♦ (Vindobona)

In a survey of the Credit Protection Association (KSV 1870) entrepreneurs declared, that borrowing is currently slow, and the allocation restrictive.

Survey - Restrictive lending in Austria / Picture: ©

Particularly affected are industries and micro enterprises.

Funding opportunities for companies in Austria have worsened over the past year and a half. This is the result of a poll coming from the Credit Protection Association 1870 (KSV. Four out of ten respondents believe that taking a loan is currently a lengthier process than 18 months ago. Just as many feel that it is more…

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