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Article: Manufacturer critical of loan approval process. (Don Champagne, president North Bay Plastics)
- Article from:
- Northern Ontario Business
- Article date:
- December 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 Laurentian Business Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Companies thinking of going to the government for help in starting or expanding their business should think twice before they do so, suggests a North Bay businessman.
Don Champagne, president of North Bay Plastics, says he is finding it frustrating to deal with the government for a loan to expand his business.
Champagne claims the process for approval of a loan is a slow procedure made difficult by a government bureaucracy with too many employees unable to give a response to questions.
"You are dealing with so many (people) that getting any activity or communication is a problem. I never found any one person who is responsible for anything," he claims. ...