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Friday, May 30, 2014

100 Billion Clues That Small Business Lending Has Turned A Corner

If you pay any attention to the industry press, it sure looks that way. The recent commitment by Wells Fargo Bank to lend $100 billion (and yes, that’s with a ‘B’) to small businesses in the United States by 2018 is a bold move for one of the biggest traditional lenders. It would appear that there are some traditional lenders ( for example) for whom the light bulb has clicked on and they’ve remembered the important role small business plays in creating jobs and growing the economy.

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