As the economy has slowly started to recover, the hardest hit area has remained small business lending. A new survey from Omega Performance, however, indicates that tide is now shifting as well. Seventy-four percent of the bankers surveyed globally responded that their banks were likely to increase their small business lending. In the U.S., the [...]
Tag: "startup funding"
At a recent meeting in Cleveland, Ohio with Vice President Joe Biden, Small Business Administration (SBA) Administrator Karen Mills and officials from 12 other banks, M&T Bank (NYSE: MTB) reaffirmed its commitment to small business owners, pledging to increase lending by $50 million above 2010 levels for each of the next three years. M&T is [...]