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Wells Fargo & Company
Wells Fargo is America's #1 Small Business Lender According to Government Data
November 22nd, 2009
Wells Fargo & Company (NYSE:WFC) announced it is the #1 Small Business Administration (SBA) 7(a) lender in dollars and the #2 lender in units. Figures for the federal fiscal year, which ended September 30, 2009, show Wells Fargo, together with Wachovia, extended 2,347 SBA-guaranteed loans totaling $827 million in financing to small businesses. Wells Fargo is the #1 SBA lender in both dollars and units in six states: Alaska, Arizona, California, Colorado, Nevada and Texas. "Over the past year small business customers have found access to capital challenging, which is why offering SBA loans is so critical to helping business owners reach their financial goals," said Dave...
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Source: Marketing Business Weekly (2009-11-22)
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