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Obama Announces Small-Business Lending Push

Tarp : Germany | about 1 month ago  
Views: 10
  • Obama speaks at a small business in Maryland
    Obama speaks at a small business in Maryland
    Source: Reuters
Obama speaks at a small business in Maryland
The measures, announced by Mr. Obama at an event at a small records-storage company in suburban Maryland, would allow smaller, community banks to borrow money at low rates from the Treasury Department ’s Troubled Asset Relief Program . It would also raise the loan caps on several popular Small Business...
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News Stories
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  • News Source: Uinta County News | about 1 month ago
    The Obama administration outlined plans to increase lending to small businesses by increasing the size of Small Business Administration loans and providing cheap capital to community banks. President Obama made the announcement at a warehouse at...
  • News Source: Uinta County News | about 1 month ago
    Sen. Jeff Merkley has joined a California colleague in unveiling efforts to steer banking recovery funds toward community banks. Merkley, an Oregon Democrat, and Sen. Barbara Boxer introduced the Bank on Our Communities Act, which will allow...
  • News Source: International Herald Tribune | about 1 month ago
    The measures, announced by Mr. Obama at an event at a small records-storage company in suburban Maryland, would allow smaller, community banks to borrow money at low rates from the Treasury Department ’s Troubled Asset Relief Program . It would...
  • News Source: Asian Wall Street Journal | about 1 month ago
    President Barack Obama unveiled initiatives to help small businesses, saying the U.S. has "a long way to go" to ensure that credit flows to an area of the economy hit hard by the recession. "There is still too little credit flowing to our small...
Blogs
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  • Blog Source: www.thedeal.com
    President Obama on Wednesday afternoon was expected to announce an initiative to increase smaller banks' access to funding from the Troubled Asset Relief Program. His announcement will be made as part of a visit to a small business in ...
  • Blog Source: boss.blogs.nytimes.com
    According to an administration official, the proposals would increase the caps for existing Small Business Administration loans and separately improve smaller banks' access to funds from the Troubled Assets Relief Program. ... assets” in T.A.R.P.
  • Blog Source: www.athenaalliance.org
    This afternoon, President Obama announced a set of new initiatives on small business lending. According to the fact sheet, the Treasury Department will make additional funds from the Financial Stability Plan available to community banks ...
  • Blog Source: www.stylemagazine.com
    Metropolitan Archives is one of these companies. Last February, Joe and Doug were able to purchase the building we're standing in with an SBA loan – an expansion that has already helped them retain ten jobs, and one that will create ten ... And
  • Blog Source: blog.taragana.com
    Just as the Obama administration prepares to announce a new TARP-like program for small community banks, Inspector General Neil Barofsky said he believes that "it's unrealistic to think we're going to get all of that money back. ...
  • Blog Source: boss.blogs.nytimes.com
    President Obama will visit a Maryland business on Wednesday afternoon to announce initiatives to encourage lending to small businesses. According to an administration official, the proposal will increase the caps for existing Small ... Metropolitan
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Posted By Shirley66 Shirley66 | about 1 month ago
Hopefully so. That is one important move.

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