James Walter and Corey Ross

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• Feb 27, 2013

  The Upside of the Sequester: A Boost to Alternative Lending for Small Businesses

  With the sequester days away, there is much talk about how government spending cuts will affect the economy. One area of the economy that would be affected by the sequester is commercial lending. Estimated cuts of $902 million to the Small Business Administration loan program would impact thousands of small businesses. Additionally, decreased government spending could lower gross domestic product by $215 billion, shrinking lending levels to those near or below 2008 that may initiate a lending ho