Sunday, 05 April 2009 00:00
SBA Updates - Small Business Loans
SBA this week is implementing two key provisions laid out in the Recovery Act: We are temporarily eliminating certain loan fees and raising guarantees on some 7(a) loans up to 90 percent. With these critical steps by SBA, and the Treasury Department's commitment of up to $15 billion aimed at getting lending markets flowing again, we are standing up with small business owners across this country and telling them how we are going to put much-needed capital in their hands.