04/16/2012 12:21 pm ET Updated Jun 16, 2012

Small Firms Avoiding Loans, Citing Slow Economic Recovery

NEW YORK (CNNMoney) -- Small firms are faring better, but they aren't seeing enough fortune ahead to justify taking on debt to grow.

The slow pace of the economic recovery is to blame, because while consumer demand keeps growing, it just hasn't been strong enough for most firms to rationalize investing in themselves.

Read more on CNN Money