Report: Small-business lending continues to slide

02/18/2010 | CNNMoney

Wells Fargo and 10 other top recipients of funds under the Troubled Asset Relief Program reduced their small-business lending portfolios by a combined $2.3 billion in December, according to a Treasury Department report. It was the eighth straight month the banks reduced small-business lending. "Credit is still tight for many small businesses," the Treasury said in the report.

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