Small Business Credit Sees Thaw

A recent Wall Stree Journal article indicated that lending to small businesses is slowly increasing - a glimmer of hope. This news that access to the secondary market for the sell off of SBA backed loans is encouraging.  This piece of the legislation will have a much greater impact than the proposal of lowering interest rates and cutting fees.  If we can start with SBA transactions and work our way back to underwriting traditional loans for credit worthy clients, then we will see a true thaw of the credit market.