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Obama sends Congress legislation to bolster lending to small businesses
Obama sends Congress small business lending bill
WASHINGTON — The Obama administration has sent Congress a proposal to shift $30 billion from the financial bailout fund to a new initiative to unfreeze credit for the nation’s small businesses.
The $30 billion fund would provide support to small and medium-sized banks with assets under $10 billion to encourage them to increase lending to small businesses. Obama first outlined the effort in his State of the Union address in January.
In remarks to reporters at the White House, Obama says that the program had been expanded to include a new state small business credit that would support efforts by state governments to provide loans to small businesses
Hello Blog Admin,
ReplyDeleteI am Neil Williams. I am a webmaster and a writer. I have seen your blog today. This is really a good and informative one. You have very good and useful posts on almost all financial topics.
I write articles on all financial topics. I just wonder if you would allow me to contribute an article to your blog? The article will be assuredly unique and exclusive for your blog and will be written on a financial topic that suits your blog very much.
The article, I believe, will for sure help you make your blog more diversified, adding more content to your existing ones. I hope you will agree to this. In return, you too can make a guest post in my blogs/sites or else take a back-link(s) from the same (I have many sites and blogs on finance, namely on debt, credit, mortgage, insurance, real estate, loan, and so on).
Please get back to me at my email id: neil.williams@consultant.com or at neil.williams2009@gmail.com
I will wait for a positive response from your end.
Regards,
Neil