Obama proposal for small business lending

The U.S. Treasury has published information on the administration's plans to aid small business. The fact sheet titled Unlocking Credit for Small Businesses outlines the following 5 meaures:

1. Jumpstart Credit Markets For Small Businesses By Purchasing Up to $15 Billion in Securities
2. Temporarily Raise Guarantees to Up to 90 Percent in SBA's 7(a) Loan Program
3. Temporarily Eliminate Certain SBA Loan Fees to Reduce the Cost of Capital
4. Call by Secretary Geithner for New Reporting Requirements on Bank Lending to Small Businesses and Greater Efforts to Extend Small Business Loans
5. Issue Guidance for an Expanded Carryback Provision as Part of the Recovery Act's Comprehensive Tax Cut Package for Small Businesses

The Treasury has also published several related Questions & Answers on the plan.