Small businesses are going south faster than the stock market was going up. Simply put, most smaller, regional banks are short on the capital necessary for them to access the Federal Reserve’s cheap cash (at or near prime), and they are definitely tighter on the standards they apply to borrowers. Particularly hard hit are auto dealerships, even those with incredibly good payback records. These dealers need money to buy at least the cars in their showrooms and on their lots (“floor plan financing”) – nothing to show, nothing to sell. The few customers who come to buy will leave without cars.