|Published:||Sep 28, 2010 9:16 PM EDT|
|Updated:||Sep 28, 2010 4:40 PM EDT|
LEE COUNTY, Fla. - Lee County is starting a program to connect lenders with borrowers. It's called Lee is Lending, and the goal is to get money to small businesses that want to grow.
"Banks have plenty of bad loans, now they want some good loans," said Jim Moore, Dir. of the Economic Development Office in Lee. "The banks want to make money, and we want to connect the qualified small businesses with the banks that will do everything possible to loan working capital."
The county is setting up a website, Leeislending.com. It describes the program and lists 14 local banks that are participating.
Mayer Berg, owner of Riverland Nursery in Lee Co., like the idea. "The fact is, banks are not lending right now. It is almost laughable trying to get a loan. So if they can shake loose some cash, it will help. But it will depend on the criteria the banks use," said Berg.
"This is a unique program, and if it works, it will help our economic recovery and hopefully create some jobs," said Jim Moore.