Thursday, October 22, 2009

Obama’s Small Bank Plan

Here is an article from Forbes.com that describes President Obama’s proposal to use some TARP money to assist community banks so that they can lend to small businesses.  This is a promising prospect to all small businesses access to capital.  Hopefully they do something that will incentivize lending so that the money will actually be lent to small businesses.  Access to capital is critical to a small business' success.  Here’s the information:

http://www.forbes.com/2009/10/21/loans-banking-obama-entrepreneurs-finance-obama.html

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