A stimulus package can only be effective if it provides credit to small businesses and entrepreneurs who desperately need this in order to survive. By buying $15 billion in securities backed by the Small Business Administration, increasing SBA's 7(a) loans by up to 90%, and suspending loan fees for borrowers and lenders, the Obama administration is hoping to kick-start credit markets for small businesses.
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Credit for Small Businesses in President Obama's Stimulus Package | ArticlesBase.com
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