Obama visits Lanham business to announce plans to expand business lending programs

Oasis Mechanical Contractors Inc., of Lanham, had a very special guest last Friday.

President Barack Obama came to announce he is expanding two Small Business Administration lending programs. Their goals are to allow small business leaders to refinance and increase limits for working capital.

"The true engine of job creation will always be businesses. What government can do is fuel that engine: by giving entrepreneurs and companies the support to open their doors, expand and hire more workers. Today, we're taking another step toward assisting small business owners get the capital they need to grow and hire," Obama said.