SBA is seeing loan growth in fiscal 2013

03/15/2013 | Bloomberg Businessweek

The Small Business Administration is continuing with a multiyear push to expand loan availability and streamline its loan-guarantee approval process, says Jeanne Hulit, associate administrator for capital access. This fiscal year, government-guaranteed loans have increased 6% compared with fiscal 2012. However, it's not clear whether that growth will continue because the effect of the sequester is not yet known.

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