So they are going to provide "relief" to small businesses, and how are these small businesses that are going to get a loan going to survive 12-24 months out with the consumer cutting back and nearly 20 million out of work or underemployed. Most jobs created over the last 20 years whether from small businesses to medium size ones will never exist again. Who is going to take a loan today to go open up a flower shop or deli on some main street where there were already stores in that same niche out of business. There are hundreds of small businesses within 30 miles of me out of business. White House: More Small Biz Lending Relief Coming 10/21/2009 * By Michelle Samaad During a visit to a records storage company in Maryland today, President Barack Obama is set to unveil a new round of lending initiatives targeted at helping small businesses. Among the strategies to improve access to credit for small businesses, the Obama administration said it will support lending by providing lower-cost capital to small banks that present small business lending plans and to community development financial institutions that lend to small businesses in the hardest-hit rural and urban areas. CDFI credit unions would be eligible to apply. The administration also plans to increase the maximum loan size of the SBAâs 7(a) loans from $2 million to $5 million, increase 504 loans to $5.5 million and increase the agencyâs microloans from $35,000 to $50,000. According to the White House, the President will call on Treasury Secretary Timothy Geithner and SBA Administrator Karen Mills to convene a conference of regulators, Congressional leaders, and small business owners to establish further steps the government can take to help small businesses access credit.