Revive the Treasury’s Small Business Lending Fund
The program, created in response to the 2008 financial crisis, generated $19 billion in small-business loans. It could be used as a viable path out of the coronavirus pandemic. ... Read full article
News Topic: SBLF
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A comeback for a crisis-era small business loan program?
Some industry observers are calling on the Treasury Department to bring back the Small Business Lending Fund to help small companies stay afloat during the coronavirus pandemic and get back on their feet once the crisis passes. ... Read full article
Fintech will reshape how entrepreneurs seek loans
The more things change in small-business lending, the more they stay the same, going back as far as 3,000 years. But in this book excerpt, Karen Mills, former head of the Small Business Administration, predicts momentous changes ahead. ... Read full article
Former CFPB chief Raj Date joins Numerated as investor, adviser
Date, now a venture capitalist, worked with the lending software company's CEO, Dan O'Malley, at Capital One in the 2000s. ... Read full article
MidSouth raising capital to exit SBLF
The Louisiana company, which fired its CEO earlier this year, has been paying a hefty dividend on funds it obtained from the Treasury Department in 2011. ... Read full article