{"id":1198,"date":"2011-02-28T11:02:22","date_gmt":"2011-02-28T19:02:22","guid":{"rendered":"http:\/\/associatednews.info\/content\/?p=1198"},"modified":"2011-03-15T11:05:35","modified_gmt":"2011-03-15T19:05:35","slug":"business-lending-slows-as-government-programs-wrap-up","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/business-lending-slows-as-government-programs-wrap-up\/","title":{"rendered":"Business Lending Slows As Government Programs Wrap Up"},"content":{"rendered":"<p><a href=\"http:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1199\" title=\"small business\" src=\"http:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey-293x300.gif\" alt=\"\" width=\"293\" height=\"300\" srcset=\"https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey-293x300.gif 293w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey-50x50.gif 50w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey-342x350.gif 342w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey-300x307.gif 300w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey-55x55.gif 55w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/03\/small-business-survey.gif 420w\" sizes=\"auto, (max-width: 293px) 100vw, 293px\" \/><\/a>The end of the year has brought a sharp decline in lending to small  businesses. Only $2.75 million was loaned in January to businesses in  the Buffalo and Rochester areas of New York compared to the previous  quarter&#8217;s average of $18.6 million and 95 loans a month. Although that  is a 71 percent drop, the number of loans in effect are higher than a  year ago. Both the increase in loans in the past year and the decline in  the new year are tied to government incentive programs that waived fees  for borrowers and guaranteed payment for lenders. The programs were  part of the the economic stimulus and recovery efforts to introduce  liquidity into the business lending market. The numbers demonstrate that  it succeeded, but there is a question whether the momentum will  continue in the absence of the programs. Similar events are being played  out in business communities across the nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The end of the year has brought a sharp decline in lending to small businesses. Only $2.75 million was loaned in January to businesses in the Buffalo and Rochester areas of New York compared to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[67,695],"class_list":["post-1198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-2","tag-small-business","tag-small-business-on-the-decline"],"_links":{"self":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/1198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/comments?post=1198"}],"version-history":[{"count":2,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/1198\/revisions"}],"predecessor-version":[{"id":1201,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/1198\/revisions\/1201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media\/1199"}],"wp:attachment":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media?parent=1198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/categories?post=1198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/tags?post=1198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}