Treasury: Thirty-Seven Additional Community Banks Receive $418 Million from SBLF

Treasury: Thirty-Seven Additional Community Banks Receive $418 Million from SBLF
Today, the U.S. Department of the Treasury announced that an additional 37 community banks across the country received a total of $418 million as part of the next wave of funding provided through the Small Business Lending Fund (SBLF). The SBLF, which was established as part of the Small Business Jobs Act that President Obama signed into law, encourages community banks to increase their lending to small businesses, helping those companies expand their operations and create new jobs. Including today's announcement, 80 community banks have now received more than $1.0 billion in SBLF funding. Additional SBLF funding announcements will be made on a rolling basis in the weeks ahead. . . . keep reading about Small Business Lending

Small Business Lending is vital to the country's economy.  The Obama administration and Congress created the Small Business Lending Fund to increase lending by small and mid-size banks. "The purpose of the [Small Business Lending Fund] is to encourage Main Street banks and small businesses to work together to help create jobs and promote economic growth,'' said Colleen Murray, a Treasury Department spokeswoman.  In these changing times business owners looking to expand and grow are hesitant because of all of the uncertainty regarding the economy and having access to capital vital.  There are lending sources with funds available to lend and Commercial Lending Pros is committed to helping small businesses obtain the funds that are vital to expand, hire and grow.

Here at Commercial Lending Pros we continue to provide financing services for business owners, investors and other entrepreneurs throughout the country.  We are direct lenders and also have access to over 150 different funding sources including banks that are lending, hedge funds, private equity groups, insurance companies, private investors and other funding sources including Wall St. funds.

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

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Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-298-8900
Fax: 863-877-4456

Email: marcos@commerciallendingpros.com
Website: www.CommercialLendingPros.com

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We can get deals closed.  Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.

WHAT WE DO IS IMPORTANT.  WHAT WE DO IS NEEDED.  THE OPPORTUNITY IS AWESOME.  

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