Obama Sends Congress A $30 Billion Program To Unfreeze Credit For Small Business

According to the Associated Press, President Obama has sent Congress a proposal to create a $30 billion program to free up credit for small business owners.

The SBAC is looking forward to learning more about this proposal and discussing it at our May 22nd candidate forum.

According to the Associated Press, “The $30 billion fund would provide support to small and medium-sized banks with assets under $10 billion to encourage them to increase lending to small businesses.”

To read the full article go to: Obama Sends Congress Small Business Lending Bill