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Dow Jones: US Small Business Lending Program Disburses $4B

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US Small Business Lending Program Disburses $4B By Jeffrey Sparshott and Jeff Bater, Dow Jones The Obama administration on Wednesday announced a final round of funding under a program to spur loans to small businesses, though total disbursements have left billions of dollars untapped, and many banks have been left wondering why they didn't…

Financial Times: US Banks See Demand for Business Loans Drop

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By Robin Harding; Financial Times Bank loan officers say that demand for loans from small US companies fell in the past three months, casting doubt on how much the Federal Reserve can stimulate the economy. Twenty-nine per cent of banks said that demand for loans from companies with sales below $50m had fallen, compared with only 7.1 per cent of banks that reported a rise, according…

Politico: Credit crisis for small business?

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By John Maggs; Politico Is there really a small-business credit crunch? To hear President Barack Obama tell it, one of the most lasting effects of the financial crisis is the trouble that small businesses are facing in getting loans to expand. While the credit crisis has eased for Big Business, the president has argued for months that additional help was needed to get loans flowing…

Christian Science Monitor: Small Business Bill Won't Actually Help Small Businesses

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By Jeff Cornwall; Christian Science Monitor It looks like the so-called Small Business Bill is about to become law. So what will it offer our ailing small businesses? More debt and more government intervention. Most of the attempt at stimulating small business in the Small Business Bill comes in the forms of offering more loans to small businesses. This is coming from government…

Wall Street Journal: The Small Business Credit Crunch

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By Meredith Whitney; Wall Street Journal The next several weeks will be critically important for politicians, regulators and the larger U.S. economy. First, over the next week Capitol Hill will decide on potentially game-changing regulatory reform that could result in the unintended consequences of restricting credit and further damaging small businesses. Second, states will approach…

Wall Street Journal: U.S. Government Programs Have Yet to Boost Small Business Lending

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By Meen Thiruvengadam; Wall Street Journal U.S. efforts to stabilize the financial system have done little to boost small business lending and it remains unclear what impact the Obama administration's latest lending push will have, a report released Thursday said. The report from the Congressional Oversight Panel, which oversees the government's $700 billion financial sector bailout,…