State looking into small business lending practices

The Michigan Economic Development Corporation has issued a request for proposals to conduct a study of small business lending practices in Michigan.

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The Michigan Economic Development Corporation has issued a request for proposals to conduct a study of small business lending practices in Michigan.

The study would help assess whether small businesses in Michigan find it more difficult to obtain financing compared to other states. The RFP is available online at www.michigan.org/sblrfp  along with specifics of the application process.  

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