What we need to do is find ways to support the collateral of the borrower as well as to infuse more capital into the ban...
Michigan started a successful program in 2009 that targets businesses that may be good credit risks, but have collateral...
I think it is absolutely critical that we deal with both of those issues if we are actually going to begin to see lendin...
I think it can be used for that purpose as well.
We have a small business loan program. It is a loan guarantee program. It is very valuable.
We have got a 15-percent unemployment rate, and there is a connection between those two figures.
Unemployment in my State is almost 15 percent, and it is unacceptably high in most States.
the real lifeblood of many local economies--local banks--don't have it nearly so good.
The percentage of the reduction in the number of loans going to small businesses is dramatic.
We have done a lot for the big banks, but the lifeblood of our local communities are these small banks, community banks.
I strongly support... programs like the one we have in Michigan to address collateral depreciation issues.
Your bill addresses the problem in a very important way, and I am pleased to cosponsor your bill, which I believe is S. ...
I would suggest to you the theory of 'too big to fail' now means that many of our businesses are too small to grow.
Thank you for inviting me to speak to you this morning about the important issue of ensuring that small businesses have ...
If we are going to create jobs, we need to let those small businesses grow.
If we do not act, and quickly, to help restore employment, the 'green shoots' for which we have so much hope will not bl...
You have touched on a very, very significant problem in our country...
We know what it means for businesses that are looking for credit.