SBA is Making Lines of Credit More Available --- Maybe
Jerry Chautin
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Posted 01.11.2012
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Small Business
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To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.
