Small business growth and access to capital will continue to be on the front burner in 2013. As we all know, small businesses create the bulk of new jobs in this country and if they are not prospering, it is difficult for the overall economy to improve.
CDC Small Business Finance will continue to advocate for new programs and approaches that will make capital available to both new and existing small businesses. We hope to bring back the successful 504 refinance program that allowed many small businesses to access equity captured in their facilities and we are growing the SBA Community Advantage program that provides smaller SBA loans that are often difficult to secure through traditional lenders.
As an economic development lender, CDC Small Business Finance is committed to developing and finding solutions that will result in greater flow of capital to all small businesses. Here is to a successful and prosperous 2013!