• Small-Business Lending Gets a Boost

    The Obama administration yesterday unveiled a series of measures to help the nation’s small businesses, saying it would spend up to $15 billion to help them get the loans they need to weather the economic crisis.

    “Small businesses are the heart of the American economy,” Obama said in announcing the measures. “They’re responsible for half of all private-sector jobs, and they created roughly 70 percent of all new jobs in the past decade. . . . But today, too many entrepreneurs can’t access the capital to start, operate or grow their business. Too many dreams are being deferred or denied by a form letter canceling a line of credit.”

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    This entry was posted on Tuesday, March 17th, 2009 at 8:02 am and is filed under Business, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
  • 2 Comments

    Take a look at some of the responses we've had to this article.

    1. AR1
      Apr 29th

      Once again President Obama is telling it like it is we small business owners do need help.

    2. Sep 7th

      Is there any website that can give us a lots of information like what was stated here? Thanks for the Idea…

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