What You Need to Know About the Jobs Act

Only one-third of U.S. small business owners consider purchasing real estate a "great" or "substantial" opportunity, according to a survey with just over 300 respondents released this month by CIT Group (CIT). Meanwhile interest rates and commercial real estate prices are at historic lows, says Chris Reilly, president of the company's Small Business Lending division. Reilly spoke recently to Smart Answers columnist Karen E. Klein about lending and real estate opportunities, the Small Business Jobs Act, and her belief that small business owners should take a more progressive, opportunistic approach to running their companies. Edited excerpts of their conversation follow.

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