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SBA-backed loans on pace to rise 15% this year.

Authors :
Harrison, Sheena
Source :
Crain's Detroit Business; 8/21/2006, Vol. 22 Issue 34, p3-40, 2p
Publication Year :
2006

Abstract

The article reports that there will be a rise of nearly 15 percent in 2006 in the number of loans backed by the United States Small Business Administration. According to Lee Pollock, state director for business banking of Charter One Bank NA, which is currently the Michigan state's No. 1 small-business lender, the bank created a team of 35 lenders in 2004 to work specifically with small businesses and deals under $500,000.

Details

Language :
English
ISSN :
08821992
Volume :
22
Issue :
34
Database :
Supplemental Index
Journal :
Crain's Detroit Business
Publication Type :
Periodical
Accession number :
22114956