More Banks Return to Sba Lending ; Credit Recovery to Be a Slow Process.

Summary


LOS ANGELES -- Federally backed loans to small businesses are increasing as more banks participate in federal lending programs -- at least for now.

The stepped-up lending through the Small Business Administration comes at a time when thousands of small businesses say they are choking from a lack of funds; many have gone out of business because they don't have the money to purchase inventory or equipment.

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Extract


More Banks Return to Sba Lending ; Credit Recovery to Be a Slow Process.

"The market has changed," said Gary Youmans, senior vice president of Pacific Alliance Bank in Rosemead, Calif., which recently stepp...

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