Small businesses feel the pinch of tight credit

It's not easy being a small-business owner these days. Lenders' crack down on all-too-easy money has not only resulted in fewer home loans to those with risky credit, but also fewer loans to entrepreneurs either looking to start or further expand their businesses.

That's problematic given the current state of the economy because Americans more than ever need jobs. And with half of U.S. workers employed by small businesses -- those with 50 or less employees -- reversing job losses and putting more people to work will be a challenge for the Obama administration.