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Despite Weak Economy, Credit Unions Are Providing Financial Assistance To Small Businesses

Small Businesses getting help in down economy

When talking about credit unions and business loans, the key word is small. The percentage of business loans to credit union assets nationally is about 2 percent; business loans in Arizona average about $240,000, compared to $180,000 nationally. And because the loans are relatively small, the focus is on small businesses. Federal law caps credit… Read More →