The Small Business Lending Fund: What Went Wrong?

Many had high hopes for the Obama Administration’s Small Business Lending Fund, which had $30 billion in its coffers. But when the program ended several weeks ago, with only $4 billion lent out to small banks, and even less making it into the hands of small business owners, the program was deemed a failure. So, what went wrong?

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The Small Business Lending Fund: What Went Wrong?

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