On SBA-guaranteed Lending and Economic Growth

On SBA-guaranteed Lending and Economic Growth PDF Author: Ben Craig
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 33

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On SBA-guaranteed Lending and Economic Growth

On SBA-guaranteed Lending and Economic Growth PDF Author: Ben Craig
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 33

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Book Description


SBA Guaranteed Lending and Local Economic Growth

SBA Guaranteed Lending and Local Economic Growth PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
"Increasingly, policymakers look to the small business sector as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs. Encouraging lending to small business is the primary policy objective of the Small Business Administration's (SBA) loan-guarantee program. Using a panel data set of SBA guaranteed loans, we assess whether SBA guaranteed lending has an observable impact on local economic performance. We find a positive and significant (although economically small) relationship between the relative levels of SBA guaranteed lending in a local market and the future per capita income growth in that market"--Federal Reserve Bank of Atlanta web site.

On SBA-guaranteed Lending and Economic Growth

On SBA-guaranteed Lending and Economic Growth PDF Author: Ben Craig
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 0

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Sba-Loan Guarantees and Local Economic Growth

Sba-Loan Guarantees and Local Economic Growth PDF Author: Ben R. Craig
Publisher:
ISBN:
Category :
Languages : en
Pages : 29

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Book Description
Increasingly policymakers are looking to the small business sector as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs. Encouraging lending to small business is the primary policy objective of the Small Business Administration (SBA) loan-guarantee program. Using a panel data set of SBA-guaranteed loans we assess whether SBA-guaranteed lending has an observable impact on local and regional economic performance.

Does SBA Guaranteed Lending Improve Economic Performance in Low-Income Areas?

Does SBA Guaranteed Lending Improve Economic Performance in Low-Income Areas? PDF Author: William E. Jackson
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
Recent studies have provided evidence that financial market development leads to higher rates of economic growth. This is further investigated by focusing on the rationale that financial market development may increase the amount of external finance available to small firms. In particular, a test of whether Small Business Administration (SBA) guaranteed lending positively impacts economic performance in low-income markets is conducted. It is hypothesized that credit market frictions, that is, costly information-gathering and verification of a small firm's project, lead to socially suboptimal credit allocation that negatively impacts the labor employment rate in the local market. If SBA guaranteed lending mitigates credit market frictions, a positive relationship should be seen between SBA guaranteed lending and level of employment, particularly in low-income financial markets. Loan-specific data on the borrower and lender was obtained from 1991 through 2002, including 360,000 loans. Economic data were also obtained for that time period. Results show a positive and significant correlation between the average annual level of employment in a local market and the level of SBA guaranteed lending that market. The intensity of the correlation increases for low-income markets.

Evaluation of the 7(a) Guaranteed Business Loan Program

Evaluation of the 7(a) Guaranteed Business Loan Program PDF Author: United States. Small Business Administration
Publisher:
ISBN:
Category : Government lending
Languages : en
Pages : 116

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The SBA Loan Book

The SBA Loan Book PDF Author: Charles H Green
Publisher: Simon and Schuster
ISBN: 1440510024
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
Spurred by President Obama, the Small Business Association has stepped up its loan program to companies around the nation. But to receive an SBA-guaranteed loan, firms must navigate a complex course of processes, qualifications, documentation, and approvals. You need this new edition of Charles Green's invaluable book to chart the best way to apply for and get an SBA loan. Green wastes no time in showing: Why an SBA loan guarantee is a good option in tough economic times How to choose the right bank at a time when many banks have failed and credit is tight What the new rules and regulations say about the paperwork and documentation loan applicants must supply In today's turbulent economic climate, solid financial backing is the key to small business survival. And this fully updated guide to SBA loans will help you land it.

SBA's Financial Assistance Programs, Hearing Before the Subcommittee on Financing and Investment of ... 90-1

SBA's Financial Assistance Programs, Hearing Before the Subcommittee on Financing and Investment of ... 90-1 PDF Author: United States. Congress. Senate. Select Committee on Small Business
Publisher:
ISBN:
Category :
Languages : en
Pages : 62

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SBA-loan Guarantees and Local Economic Growth

SBA-loan Guarantees and Local Economic Growth PDF Author: Ben Craig
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Impact of SBA and Other Federal Programs to Create Jobs and to Stimulate Economic Growth

Impact of SBA and Other Federal Programs to Create Jobs and to Stimulate Economic Growth PDF Author: United States. Congress. House. Committee on Small Business. Subcommittee on Government Programs and Oversight
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 224

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Book Description