Friday, July 15, 2011

Treasury Kicks Off Small Business Lending Fund

The Treasury is releasing $123 million to the Small Business Lender Fund. This fund was created last September as part of the Small Business Jobs Act. Designed to spur funding access and subsequent growth in the small business sector, it is the tandem program to the State Small Business Credit Initiative.

There is an article posted on About.com with further detail. Our question, particularly to the OED Advisor pool, is have you seen it making a difference so far? Please refrain from political argument in this post thread. We are trying to gauge a snapshot here with replies such as, "Yes, my client has converted (or I have), and we've been able to _____," OR "Nope, funds not coming through as planned."

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