The U.S. Treasury Department is preparing to buy up small business loans from the Small Business Administration in an effort to get small business lending back on line. The Washington Post reported the federal government is preparing a $15 billion initiative to stimulate small business financing since private lending has been slow to rebound. For more read the complete story from the Washington Post.
Treasury Department will buy small business loans
Posted by ShawnHessinger under NewsFrom http://www.washingtonpost.com 5396 days ago
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