Banks leery of Treasury’s small business lending plan
By on Nov 12, 2009 in Entrepreneur
Small business lending has been in freefall since the recession began. Concerned about the obstacles that places in the way of economic recovery, President Obama recently proposed a new federal effort to give community banks access to ultra-cheap government loans, which they can thereupon use to expand their local business lending.
Original post by Technology news - Business 2.0 Magazine
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