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Loans and Lines of Credit

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Small Business Administration and Stimulus Package
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Posted by: CommunityTeam, May 12, 2009

By Reed Richardson As part of the economic recovery package passed in mid-February, Congress and the President temporarily relaxed several lending rules and also added more than a billion dollars in additional funding to make loans more accessible and attractive to small companies. These measures are aimed at reversing the significant drop in small business lending that accompanied the larger credit market contraction that began last October. Below is a breakdown of the new stimulus package's...
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