MADISON, Wis. (2/17/10)--Credit unions are a viable alternative to federal government assistance and commercial banks when small businesses look for additional capital, according to the AARP. “Credit unions are still actively lending today,” Mark Wolff, senior vice president of communications with the Credit Union National Association, told the AARPBulletintoday (Feb. 15). “Part of the reason is that credit unions have been careful lenders, with losses on their portfolio that are about one-fifth of what the banks are experiencing,” he added. The average size of a credit union small-business loan is about $215,000, Wolff told AARP. “We have tons of cash to loan,” Rick Baca, vice president of business services at New Mexico Educators FCU in Albuquerque, N.M., told AARP. However, borrowers still must “show good performance,” to obtain financing, he added. To read the Bulletin, use the link.