The Small Business Administration Needs to Improve Its 7(a) Loan Program PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Small Business Administration Needs to Improve Its 7(a) Loan Program PDF full book. Access full book title The Small Business Administration Needs to Improve Its 7(a) Loan Program by United States. General Accounting Office. Download full books in PDF and EPUB format.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Loans
Languages : en
Pages : 132
Get Book Here
Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Loans
Languages : en
Pages : 132
Get Book Here
Book Description
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721914074
Category :
Languages : en
Pages : 130
Get Book Here
Book Description
Small Business Administration Needs To Improve Its 7(a) Loan Program
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Loans
Languages : en
Pages : 132
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 9781422399835
Category :
Languages : en
Pages : 26
Get Book Here
Book Description
Author: The Law Library
Publisher: Independently Published
ISBN: 9781795014670
Category : Law
Languages : en
Pages : 28
Get Book Here
Book Description
The Law Library presents the complete text of the 504 and 7(a) Loan Programs Updates (US Small Business Administration Regulation) (SBA) (2018 Edition). Updated as of May 29, 2018 This rule finalizes the proposed rule that the U.S. Small Business Administration ("SBA") issued to improve access to its two flagship business lending programs: the 504 Loan Program and the 7(a) Loan Program. This rule will enhance job creation through increasing eligibility for loans under SBA's business loan programs and by modifying certain program participant requirements applicable to the 504 Loan Program. In addition, SBA is revising Certified Development Company (CDC) operations requirements to clarify certain existing regulations. SBA has decided to further study the issue of how to redefine affiliation for the business loan programs and is not including any changes to the affiliation standards in this final rule. This ebook contains: - The complete text of the 504 and 7(a) Loan Programs Updates (US Small Business Administration Regulation) (SBA) (2018 Edition) - A dynamic table of content linking to each section - A table of contents in introduction presenting a general overview of the structure
Author: Congressional Research Service
Publisher: CreateSpace
ISBN: 9781508601982
Category : Business & Economics
Languages : en
Pages : 44
Get Book Here
Book Description
The Small Business Administration (SBA) administers several programs to support small businesses, including loan guaranty programs designed to encourage lenders to provide loans to small businesses “that might not otherwise obtain financing on reasonable terms and conditions.” The SBA's 7(a) loan guaranty program is considered the agency's flagship loan program. Its name is derived from Section 7(a) of the Small Business Act of 1953 (P.L. 83-163, as amended), which authorizes the SBA to provide business loans and loan guaranties to American small businesses. In FY2014, the SBA approved 52,044 7(a) loans totaling $19.2 billion. The average approved 7(a) loan amount was $368,737. Proceeds from 7(a) loans may be used to establish a new business or to assist in the operation, acquisition, or expansion of an existing business. Congressional interest in the 7(a) program has increased in recent years because of concerns that small businesses might be prevented from accessing sufficient capital to enable them to assist in the economic recovery. Some, including President Obama, argue that the SBA should be provided additional resources to assist small businesses in acquiring capital necessary to start, continue, or expand operations with the expectation that in so doing small businesses will create jobs. Others worry about the long-term adverse economic effects of spending programs that increase the federal deficit. They advocate business tax reduction, financial credit market reforms, and fiscal restraint as the best means to help small businesses further economic growth and job creation. This report discusses the rationale provided for the 7(a) program; the program's borrower and lender eligibility standards and program requirements; and program statistics, including loan volume, loss rates, use of proceeds, borrower satisfaction, and borrower demographics. It also examines issues raised concerning the SBA's administration of the 7(a) program, including the oversight of 7(a) lenders and the program's lack of outcome-based performance measures. In addition, the report surveys congressional action taken during the 111th Congress to enhance small businesses' access to capital, including the providing more than $1.1 billion to temporarily subsidize the 7(a) and 504/Certified Development Companies (CDC) loan guaranty programs' fees and temporarily increase the 7(a) program's maximum loan guaranty percentage to 90% (funding was exhausted on January 3, 2011); raising the 7(a) program's gross loan limit from $2 million to $5 million; and establishing an alternative size standard for the 7(a) and 504/CDC loan programs.
Author: United States. Congress. Senate. Select Committee on Small Business
Publisher:
ISBN:
Category : Economic assistance, Domestic
Languages : en
Pages : 204
Get Book Here
Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Loans
Languages : en
Pages : 64
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Small Business
Publisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 40
Get Book Here
Book Description
Author: United States. Small Business Administration
Publisher:
ISBN:
Category : Government lending
Languages : en
Pages : 116
Get Book Here
Book Description
