TITLE

SBA Redundancy Is Stalling the Recovery

AUTHOR(S)
Hurn, Christopher G.
PUB. DATE
August 2011
SOURCE
American Banker;8/23/2011, Vol. 176 Issue 130, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The article presents the author's view that redundancy in the U.S. Small Business Administration (SBA) is slowing economic recovery. The SBA has two commercial lending programs, the 7(a) program which is funded by a pool of money that could be used for working capital loans instead and the 504 program that is funded by user fees. The argument is that 7(a) should be integrated into the 504 program.
ACCESSION #
65078143

 

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