SBA Redundancy Is Stalling the Recovery

Hurn, Christopher G.
August 2011
American Banker;8/23/2011, Vol. 176 Issue 130, p8
Trade Publication
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.


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