Fishkind: Lenders opening their vaults

If a banker offers you a loan, back up a truck and rake in the cash, says economist Henry Fishkind. That's what he would do.

Banks are beginning to lend again, Fishkind said at a recent luncheon in Tampa. In fact, some lenders are soliciting borrowers, including creditworthy entrepreneurs and executives who want to expand existing businesses. That indicates the strength of the recovering economy, he says.

“We will never see interest rates as low as they are now. Go and get all the money you can,” he says. He expects rates to remain “extraordinarily low” through 2014, and to begin rising in 2015, to as high as 6%.