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March 8, 2010

All Business: Banks expand small business lending

  • Just don't expect to know many details on how they're delivered.
    AP Business Writer

    NEW YORK — Banks know what the public wants to hear: They're lending money to the little guys.

    JPMorgan Chase & Co.'s new ad campaign publicizes the bank's plans to lend $10 billion to small businesses this year. Other banks, including Wells Fargo & Co. and Huntington Bancshares Inc., also say they'll extend more small-business loans.

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