120 Banks Pledge to Lend More to Veterans

120 Banks Pledge to Lend More to Veterans

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soldiers-welcome-home-NBCSanDiegoThe Small Business Administration said today it has lined up pledges from more than 120 banks to increase lending for an additional 2,000 veterans with loans totaling $475 million.

The new program, SBA Veteran Pledge Initiative, will increase lending to veteran-owned businesses by 5 percent per year for the next five years.

(READ the AP story in the Fresno Bee)

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