Can credit unions help to close the lending gap?

05/7/2012 | Crain's New York Business

Some small-business owners are turning to credit unions as they search for capital to expand their businesses. "Credit unions are filling a void in the marketplace that has existed because many commercial banks have abandoned the small-business sector," said Rohit Arora of Biz2Credit. Meanwhile, legislation has been introduced in Congress that would increase the amount of money that credit unions can lend.

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Crain's New York Business