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New way to 7: with no more federal subsidy, entrepreneurs are uncertain about the future of small-business loans

From: McGoon
Date: 14 Nov 2005
Time: 02:44:10
Remote Name: 59.107.96.123

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ENTREPRENEURS ARE NOT SURE WHAT TO make of the bill signed by President Bush in December to eliminate the $79 million federal subsidy for the SBA's loan guarantee program--and with good reason. Before the ink was dry, the spin was flying. One side, aligned with the White House, called it a small-business-friendly legislative compromise that would save the SBA's 7(a) program by making it "self-sustaining." The other side saw it as an unnecessary tax on small-business borrowers. Article continue: http://www.findarticles.com/p/articles/mi_m0DTI/is_2_33/ai_n11841332 small-business-loans http://www.2e2.info/search/small-business-loans Home-Loans http://www.2e2.info/search/Home-Loans


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