Business Lending Showing New Signs of Strength

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Business Lending Showing New Signs of Strength

Karen Mills
March 05, 2012
02:31 PM EST
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Over the past three years, the Obama administration has made it a top priority to increase access to capital for small business owners across America. When I came to SBA in early 2009, small business owners would say to me, “I need a loan to survive.” Since that time, SBA has worked hard to provide small businesses with access to capital – even during the depth of the recession. Thanks to the Recovery Act and the Small Business Jobs Act, SBA had a record year in FY2010, supporting more than $30 billion in small business lending across the country.

http://www.whitehouse.gov/blog/2012/03/ ... s-strength