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Tuesday, September 16, 2014

Small Business Lending Picks Up

An economy slowly improving every year is growing the appetite of small businesses for loans to fuel expansions and investments in building improvements and new equipment, local small business experts say.

And whereas credit standards stiffened in the worst of the national economic crisis, surviving banks now flush with cash are competing to win the best loan applications, say leaders of the U.S. Small Business Administration and Access Business Development & Finance Inc.

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