Small-business lending makes a bit of progress

04/4/2013 | Washington Post, The

Small-business loans outstanding increased in the fourth quarter compared with Q3, the first gain since the Federal Deposit Insurance Corp. began tracking loans quarterly in 2010. The amount reached $586 billion, up from $584 billion in Q3. Still, the overall level suggests small-business lending is weak, and other surveys indicate continued cautiousness among borrowers.

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