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Small Business Lending

Banks' Small Business Lending Shrinks By $1 Billion

Jan. 18, 2010 | Catherine Clifford | Posted 05.25.2011 | Business

NEW YORK ( -- The nation's biggest banks cut their collective small business lending balance by another $1 billion in November, according...

Obama Small Business Plan Falls Short of Real Solutions

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

Today, President Barack Obama held a press conference in Landover, MD to announce the administration's plans for a, "New Small Business Lending Initia...

Obama Small Business Forum Will Ignore the Number One Challenge

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

If President Obama is serious about helping small businesses, then he should use this week's forum to address the absurd flow of federal small business contracts to Fortune 500 firms.

Small Business Lending Programs To Get $30B In Bailout Assistance

AP | MARTIN CRUTSINGER and DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — The Obama administration is setting aside $30 billion from the financial bailout fund for a range of initiatives designed to encour...

Small Business Bailout: Obama Announces New Program To Boost Lending | ROBB MANDELBAUM | Posted 05.25.2011 | Business

After enduring months of criticism that his administration had done too little to help small businesses weather the recession, President Obama said We...

Shahien Nasiripour

Nation's 4 Biggest Banks Cut Business Lending By $100 Billion Since April | Shahien Nasiripour | Posted 05.25.2011 | Business

While the administration and Congress work to increase bank lending, the nation's four biggest banks have collectively cut their loans to businesses b...

Meredith Whitney: Small Business Left Out In The Cold In Bailout | MEREDITH WHITNEY | Posted 05.25.2011 | Business

Since the onset of the credit crisis over two years ago, available credit to small businesses and consumers has contracted by trillions of dollars, an...

CIT Was A 'Wake-Up Call' For Small Companies | VICTORIA E. KNIGHT | Posted 05.25.2011 | Business

he troubles at CIT Group Inc., a key lender to small businesses, underscore the importance of developing back-up plans for borrowing. CIT's financi...

CIT Group Talks Bailout With Regulators

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Shares of diversified lender CIT Group Inc. plunged Monday even as U.S. Treasury Secretary Timothy Geithner indicated there could ...

Small Businesses Squeezed By Credit Cutbacks | ANDREW MARTIN | Posted 05.25.2011 | Business

Louis Licata has shelved plans to hire three more employees for his Cleveland law firm. Jeannie Macone, of Florida, is cutting back on inventory for h...