Senate to Markup Small Biz Lending Re-Up
WASHINGTON -- The Senate Small Business Committee has slated a markup of the Small Business Lending Reauthorization and Improve-ments Act of 2007 (S. 1256) for Wed., May 16.
Senate Small Business Committee Chairman John Kerry (D-Mass.) introduced legislation with Ranking Member Olympia J. Snowe (R-Maine). "This legislation will help more entrepreneurs get loans, expand the network of lenders, and simplify the approval process. Our bill will expand the reach of these programs to underserved communities, including minorities and women, so they will have a fair shot at getting the capital they need to achieve the American dream," said Kerry.