BizSugar.com › Finance › Bad Year for Small Business Lending

The year 2009 has been a tough one for small business lending. According to the following article from CNN Money, the U.S. Small Business Administration reported a 39 percent decrease in small business loans during 2009 with the result that the federal agency was able to put together loans for 25,000 fewer entrepreneurs over same period. However, officials say more discussion is occurring on the Federal level to determine whether and how more can be done to spur loans in the current credit crunch landscape. Read more...