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SBA-backed loans on pace to rise 15% this year.
- 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.
- Subjects :
- GOVERNMENT guaranty of loans
SMALL business loans
SMALL business banking
Subjects
Details
- Language :
- English
- ISSN :
- 08821992
- Volume :
- 22
- Issue :
- 34
- Database :
- Supplemental Index
- Journal :
- Crain's Detroit Business
- Publication Type :
- Periodical
- Accession number :
- 22114956