An Obama Administration could rescue the agency from its Bush-era neglect, if it can get these few things right
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SMALL BUSINESS ADMINISTRATION
The Small Business Administration is the largest financial backer of small businesses in the country. Its mission is to maintain and strengthen the U.S. economy by helping small businesses. Except for disaster relief loans, the SBA does not grant loans--it guarantees them. But this independent federal agency has seen better days since its establishment in 1953. This topic examines why -- and what might be done to help it.
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"If I don't get my funding, those are 15 or 20 people who are not going to have work," said the Goleta...
In order to be eligible for an SBA Loan, you must apply and be turned down for a conventional loan by a commercial...
Small businesses have been hit hard by the slowing economy, facing declining demand and having a difficult time getting...
The total of the agency's flagship 7(a) loans is down 18%. The agency blames the economy; others cite the flight of...
) has taken a hit on small business lending—and that could mean still tighter credit for entrepreneurs.
David Gray, National Vice President, Franchise Services, Little Caesar Enterprises, Inc. Little Caesars was recently...
or start cutting loan checks directly from the government. In October, Obama proposed temporarily suspending the fees...
are companies in construction, manufacturing, retailing, finance and overseas travel, says Chad Moutray, chief...
sound high, that's on par with the cross-industry average for new businesses, according to statistics from the Small...
United States.To spur more lending to small businesses, Obama proposed temporarily reducing or suspending the fees the...
education and health-services sectors saw a net gain of 3,000 businesses last year. And according to the Small Business...
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Top Sources: Small Business Administration
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