MA and NH lead in economic growth
According to an index of economic activity generated by The Federal Reserve Bank of Philadelphia, All six New England states posted economic growth for the three months ended March 31, 2010. Massachusetts and New Hampshire were among just four states with growth in excess of 1.0% for the period.
SBICs in New England
A complete list of the licensed SBICs in New England, updated in April 2010, including contact information, web address and a description of the types of investments made by the firm.
SBIC Program: An Overview
SBICs are privately owned and managed investment funds, licensed and regulated by SBA, that use their own capital plus funds borrowed with an SBA guarantee to make equity and debt investments in qualifying small businesses.
Lending Falls at Epic Pace – WSJ
U.S. banks posted last year their sharpest decline in lending since 1942, suggesting that the industry’s continued slide is making it harder for the economy to recover.
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