Small Business Lenders Increase Small Business Lending 56%

Wells Fargo Approves a Record $1.24 billion in SBA Loans for FY12

Wells Fargo approved a record $1.24 billion in Small Business Administration (SBA) loans in federal fiscal year 2012 (Oct. 1, 2011 – Sept. 30, 2012) and for the fourth consecutive year is America’s leading SBA 7(a) lender in dollar volume. This is the second only lender to achieve this milestone. An SBA preferred lender in all 50 states, Wells Fargo also is the second largest SBA lender in units extending 3,176 SBA 7(a) loans in fiscal 2012.……continue reading

 

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