Bill finally got past the Republicans in the Senate to put $30 billion into small business lending

This bill does three main things.

1- Gives money to local banks to lend.

2- Raises the limit on SBA 7a (Small Business Admin) loans from $2 million to $5million. Now lenders can do those bigger deals that were being turned down. Bigger deals bigger commissions.

3-Gives tax incentives to businesses to expand and hire which means they need money.

To learn more about this bill follow this link- http://blog.commerciallendingpros.com/2010/09/bill-to-aid-small-businesses-advances.html