An Archive of News and Developments
It is the end of recession period. Many banks are identifying the importance of lending programs for small businesses. When small businesses have strong economic position, automatically more new jobs will be created and it will also strengthen country’s economy.
On observing banks trends, one can easily understand that they are giving more importance to the small businesses lending programs.
The SBA (Small Business Administration loans) value increased 48% during the first half period, when compared with the same time in 2009. SBA has issued 87 Small Business Administration loans of worth $18 million to Clark County businesses in 2010, compared with 63 loans of worth $12 million in the first six months of 2009.