The Credit Union National Association is launching a new campaign to protect its members’ federal tax-exempt status.
The U.S. Treasury plans to distribute $360 million to economic and business development agencies in 11 states and Washington, D.C., as part of a $1.5 billion federal effort to spur more lending to small businesses. The federal State Small Business Credit Initiative, or SSBCI, program is supposed to generate at least a $10 return of
Access to capital in the form of bank loans is crucial to the operation and expansion of many small businesses. While there’s no question that capital has been “crunched” in the Great Recession, the debate over whether small businesses can — or can’t — get bank loans today is apparently still open. The National Small