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LAS VEGAS — To provide credit unions with ways to reduce regulatory caps, improve return on asset, reduce risk and expand business lending options, Member Business Lending, LLC and WesCorp announced today its new Small Business Administration 504 Secondary Market Program.

Regulations limit a credit union’s member business lending assets to 12.25% of total assets. The MBL/WesCorp program aims to help move those assets to the secondary market, eliminating the regulatory cap and freeing up assets for additional business lending, said Kent Moon, president/CEO of MBL at the CUSO’s Member Business Lending Leadership Summit in Las Vegas today.

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