News Release 2014-67 | May 1, 2014
Deputy Comptroller Discusses Small Business Lending
WASHINGTON—During remarks before the State Small Business Credit Initiative (SSBCI) Conference, Deputy Comptroller for Community Affairs Barry Wides today discussed the significance of small business lending and national bank and federal savings association participation in SSBCI.
The SSBCI was authorized by the 2010 Small Business Jobs Act and is a program administered by the U.S. Department of the Treasury. The program provides money to states to run small business finance programs, which leverage private bank loans or provide venture capital money.