The Hill News

When Sen. Maria Cantwell recently wondered aloud to the New York Times, "Why aren't the banks lending? Where's the money for small business?" she echoed a misconception that has crept into our national economic discussion. The fact is financial institutions are lending, and have pledged to lend enormous sums to small businesses for years to come.

As America continues its economic recovery, small businesses must be an integral part of fueling job creation.  A vibrant small-business community drives our economy, job creation and, quite simply, our nation's vitality. Our 27 million small businesses generate nearly two of every three new jobs.

America's financial services industry understands this - it serves small businesses in communities all across the nation. Our financial institutions are dedicated to helping these companies and their owners succeed, and offering the tools to do so. They also are taking historic steps to improve small businesses' cred! it, deliver other key services and provide huge pools of funds for borrowing.

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