Small Business Lending Fund Update
BY: LEON CASTLES ON THURSDAY, OCTOBER 18, 2012
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.