Newly released terms of the Small Business Lending Fund are fueling fears that may discourage participation in the program.

While some bankers have expressed interest, many industry representatives were dismayed by the term sheet, which the Treasury Department quietly released shortly before Christmas. They cited concerns that the program will not count Small Business Administration loans as small-business lending; that it will have volatile interest rates; and that it will force institutions to find matching funds for any money they receive.

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