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Friday, June 18, 2010

House Passes Bid to Boost Small-Business Loans

The U.S. House approved legislation Thursday to create a $30 billion fund to boost lending to small businesses through community banks. The vote was 241-182. The bill will now be combined with a $3.5 billion package of tax cuts directed at small businesses, which the House passed earlier this week and sent to the Senate for approval. "This bill will increase credit to small businesses and get them back on their feet, and help them continue to add jobs," Rep. Ed Perlmutter (D., Colo.) said during House floor debate.

For more details about the latest in small business lending, visit our web site at

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Tony DeCresie

Commercial Capital, Ltd.

Your #1 Source for Business & Commercial Loans

Office: 863-298-8900 Fax: 863-877-4456 Cell: 813-833-3132



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