Thousands of U.S. Banks May Sit Out Small-Business Rescue Plan on Liability Worries: Sources

SBA loan underlined words and marker.

Thousands of U.S. banks, including some of the country’s largest lenders, have said they may not participate in the federal government’s small-business rescue program due to concerns about taking on too much legal and financial risk, five people with direct knowledge of industry discussions told Reuters. Seeking to help millions of small businesses that have… Continue reading Thousands of U.S. Banks May Sit Out Small-Business Rescue Plan on Liability Worries: Sources