If you’re a small business owner then chances are that you’ve heard of The Small Business Lending Fund (SBLF). For those who haven’t, the SBLF is an investment fund that helps small businesses who are looking to hire, invest, and expand in their business. The fund was created as a belief that it would help create jobs and stimulate economic growth in the US. It would do this by forcing banks to have new loan options with better rates so small businesses could obtain the credit they need. This infographic illustrates the lending success between banks that participated in the SBLF option versus those that did not.
Source: Treasury.gov
Leon Castles is a writer and editor for ChamberofCommerce.com. Leon covers all things business, but specializes in small business marketing strategies, sales & marketing and management.