Lender Financing: It’s a Balancing Act

In truth, companies that fail to "pull the trigger" have weeded themselves out due to the realization that they cannot justify a major capex, independent of the state of the economy. And, as big as the industry may seem, it is also a tight-knit fraternity whose members swap ideas. Much anecdotal information would seem to point to banks and industry lenders making it much more difficult to obtain financing or a line of credit. Is it the case? Is it tougher to nail down financing now than it was prior to the recession?