The US Treasury has established the Small Business Lending Fund which aims to deploy $30 billion in capital to community banks with less than $10 billion in assets. The terms of the Fund provide incentives for these banks to use the capital to increase lending to small business. Hopefully the many qualifying community banks in Maine and New Hampshire will make the most of this opportunity.
You can find much more information on the Treasury’s website here:
The FDIC has also published underwriting guidelines for loans made using capital from the Fund: