SAN DIEGO — Small businesses can turn to CUSOs as they find their way out of a "fog of economic uncertainty," John Wade, financial analyst with the Small Business Administration, told attendees at a NACUSO conference here.
During an Oct. 16 session held at NACUSO's 2008 Member Business Services Alliance, Wade spoke on the current condition of small business and small business lending.
"CUSOs have a pivotal role in providing their expertise in business lending to credit unions and in partnering with SBA to lead small business out of this fog of economic uncertainty. The moment has come, the time is now, and it's up to us to make sure those services can be delivered," Wade said. "CUSOs have an extraordinary opportunity, currently, to provide their expertise in lending."
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