As banks continue to spurn small businesses, President Obama government readies a second round of initiatives aimed at freeing up credit.
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...
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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...
President Obama's speech to the National Urban League in New Orleans comes amid a debate over the role of government in helping small businesses succeed. Some entrepreneurs in the black community s...
President Barack Obama is making his case for more small-business aid from a sub shop in... offer loans, help states encourage more private-sector lending and eliminate capital gains taxes...
In a joint announcement today, Vice President Kamala Harris and SBA administrator Isabel Guzman signaled key changes to the loan program, initialized in during the Obama administration to help improve access to SBA programs, among community lending partners including Community Development Financial Institutions (CDFIs), Community Development Companies (CDCs), and micro-lenders. Designed to meet the credit, management, and technical assistance needs of small businesses in underserved markets, the...
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Karen Mills, the SBA administrator under President Barack Obama, says the tea leaves suggest small business will be key to Biden's economic agenda.
Last fall when the government passed what was then a $700 billion economic bailout package, largely intended to prop up failing institutions such as AIG and Citibank, one could hear the collective groan of small business owners across the country. Although they displayed a variety of reactions, most were perplexed by the idea that as self-sustaining entrepreneurs (already squeezed by the worsening credit crunch) they had to live and die by their own success or failure – while the government was going to take care of big businesses that had cr ...