As banks continue to spurn small businesses, President Obama government readies a second round of initiatives aimed at freeing up credit.
A federal program expanded by President Obama to help small businesses on Main Street recover from the financial crisis has backed loans to Rolex and Lamborghini dealerships, plastic surgery clinic...
The Small Business Administration announced reforms to the agency's Community Advantage loan program, offering a shot at more capital for those in underserved communities.
President Barack Obama says the nation's small businesses are responsible for half of the nation's private sector jobs and deserve support from Washington.
As part of its efforts to stimulate economic recovery, the Obama Administration announced on Oct. 21 a new set of initiatives to help spur lending to small businesses. President Obama headed to Lan...
The Democratic-controlled Congress on Thursday sent President Obama a long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers.
One of the notions to come out of President Obama’s meeting with bank execs Monday was that lenders would take a “second look” at rejected loan applications. From the AP: I called US...
the Obama administration is directing to the lending industry to encourage loan modifications probably won’t work. The... That’s a small number considering that millions of new...
Scoring a prized political victory five weeks before the Nov. 2 elections, President Obama on Monday signed a bill to help small businesses expand and hire by cutting their taxes and creating a $30...
President Obama's plan would give community banks access to low-cost capital for small business loans, but banks are wary of taking TARP funds.