Friday, February 24, 2012

Small Lending Community Needed

In order to get small businesses back on track, local communities and states ought to partner with local businesses to create small scale lending programs to revitalize small businesses.

How it works:
Local officials organize local companies, banks, and investors to direct their money to troubled businesses struggling to get a leg up.  Many small businesses that are struggling simply need a little bit of cahs to get by for the next business cycle.  By directing this money, a locally targeted effort without the help of the national government can create change in the community.