The Small Business Lending Fund

Author / Creator

Library of Congress. Government Division

Available as

Online

Summary

This report is one in a series of updates. For the most recent coverage of this report series, please see 13-R4-2045a in the 2013 issue. Examines relationship between small businesses and national ...

This report is one in a series of updates. For the most recent coverage of this report series, please see 13-R4-2045a in the 2013 issue.

Examines relationship between small businesses and national job creation, and discusses supply and demand for small business loans. Reviews legislative origin of the Small Business Lending Fund (SBLF) established under P.L. 111-240, the Small Business Jobs Act of 2010, to direct the Department of Treasury to make capital investments in eligible institutions in order to increase availability of credit for small businesses. Analyzes House and Senate versions of SBLF, presents arguments both for and against the program, and examines SBLF implementation by the Department of Treasury. Summarizes legislative proposals in the 112th and 113th Congress to amend SBLF.

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