The Access to Business Credit Act (S. 1226) would incentivize small banks (less than $50 billion in assets) to make loans to small businesses. How? Interest on loans up to $5 million would be tax free to the banks.
/ By Barbara Weltman
The Access to Business Credit Act (S. 1226) would incentivize small banks (less than $50 billion in assets) to make loans to small businesses. How? Interest on loans up to $5 million would be tax free to the banks.
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