credit crunch

(economics, finance) A period of economic crisis in which credit and investment capital are difficult to obtain.

Japanese Meaning

信用収縮：経済危機の期間に金融機関が融資を控え、信用や投資資本の供給が著しく減少する現象。 / 融資抑制：経済が不安定な状況下で、銀行などが貸し出しを縮小し、企業や個人の資金調達が困難になる状態。

During the credit crunch, many small businesses struggled to secure loans and were forced to close.

信用収縮の間、多くの中小企業は融資を確保できず、閉鎖を余儀なくされました。

Sense（1）

(economics, finance) A period of economic crisis in which credit and investment capital are difficult to obtain.

credit crunches

（ plural ）