Summary Box: Loans Not Flowing Much to Small Firms

Summary Box: Fed chief pushes banks to boost lending to small businesses Small business - Loan - Business - Federal Reserve System - Ben Bernanke

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Summary Box: Loans Not Flowing Much to Small Firms

Bernanke: $40B in small business loans disappear

In the last two years, $40 billion worth of loans to small businesses have evaporated, and correcting the problem should be “front and center among our current policy challenges,” Ben Bernanke, chairman of the Federal Reserve, said in a speech Monday.

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Bernanke: $40B in small business loans disappear

Government pushes loan program to aid small businesses (The Columbus Dispatch)

WASHINGTON - Since taking the helm of the Small Business Administration nearly a year ago, Karen Mills has drawn praise for aggressive moves to try to boost lending to small companies.

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Government pushes loan program to aid small businesses (The Columbus Dispatch)

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Small businesses’ advocate fights to ease credit crunch (Everett Herald)

WASHINGTON — Since taking the helm of the Small Business Administration last April, businesswoman Karen Mills has drawn praise for aggressive moves to try to boost lending to small firms amid a deep economic downturn.

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Small businesses’ advocate fights to ease credit crunch (Everett Herald)

PhillyDeals: Good (if not new) news for small businesses (The Philadelphia Inquirer)

President Obama signed a bill yesterday designed to prod small businesses to hire more workers.Will it work? I ran the three main points of Obama’s program, as he described it in Washington, past Nicholas Crocetti, a director in the 200-person Plymouth Meeting office of the national business-services firm CBIZ Inc., which does the taxes for hundreds of family-owned suburban companies.

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PhillyDeals: Good (if not new) news for small businesses (The Philadelphia Inquirer)

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