Sam's Club Fights Credit Crunch

Summary


Sam's Club, known for bargain prices on bulk supplies of toilet paper and paper towels, has added small-business loans to its list of products.

The company recently started a pilot program with California- based Superior Financial Group to offer Small Business Administration loans in amounts between $5,000 and $25,000, giving Sam's Club's parent, Wal-Mart Stores Inc., another financial services inroad.

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Extract


Sam's Club Fights Credit Crunch

"Access to capital is a major pain point for our members and the small-business Main Street community," Catherine Corley, a vi...

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