When U.S. small businesses grow, U.S. jobs are created, and do we ever need those now. But in order to grow, small businesses need credit -- loans -- which have been really hard to come by lately. Hoping to help make more credit available to small businesses, President Obama has proposed a plan that would give banking industry bailout money paid back by the big banks, to the nation's 8,000 or so small community banks to be used for small business lending. The money, along with other incentives, will stimulate small business lending, thus helping small businesses grow and hire more people, or so hopes the Obama Administration. [Get the details...]
Also See:
SBA Small Business Loan Programs
States Offer Small Business Grants, Incentives
Obama Budget Throws a Few Peanuts to Small Businesses (US Economy)



