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Financial Times: US Banks See Demand for Business Loans Drop
Nov 9, 2010
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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 belo...
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Politico: Credit crisis for small business?
Oct 12, 2010
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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 Busines...
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Graves Rejects Costly, Inefficient Small Business Lending Bill
Sep 23, 2010
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House Small Business Committee Ranking Member Sam Graves (R-MO) today voted against the Senate version of H.R. 5297, calling the bill a missed opportunity to help small businesses. H.R. 5297 passed the House by a vote of 237 to 187, with 13 Democrats joining 174 Republicans in voting no.
In a spee...
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Wall Street Journal: The Small Business Credit Crunch
May 17, 2010
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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 ...
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Business Week: Big Banks' Small-Business Lending Promises
May 4, 2010
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By John Tozzi, Business Week
Are banks lending more to small businesses? It's hard to say. What's called "small business lending" cuts across several business lines at most banks, from real estate to credit cards, and few lenders report separate figures for small businesses. Still, late last year...
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It’s Time For A Commitment To Real Growth
Mar 3, 2010
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For more than a year, Americans across the country have been asking, “Where are the jobs?” as our economy continues to struggle. Unemployment still hovers around 10 percent. New-home sales have plummeted to a record low. Retail sales remain weak, and consumer confidence has dropped to the lowest lev...
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Committees Review Access to Capital for Small Businesses
Feb 26, 2010
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Today the House Committee on Small Business and the House Committee on Financial Services held a joint hearing entitled, “Condition of Small Business and Commercial Real Estate Lending in Local Markets.” The hearing focused on the struggles that small businesses have in obtaining credit and the rea...
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