US may add $300bn of ‘junk’ small-firm loans

President Barack Obama is on the verge of creating as much as $300bn in credit for small businesses as bankers raise doubt about whether there’s demand for new loans and how much will be repaid. The US Senate may vote this week on a bill to funnel $30bn of capital to community banks, whose business customers typically are small firms.

3d rendering of a row of luxury townhouses along a street

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