What a great idea!
Obama Administration Said to Be Weighing TARP Money for S.B.A.
While the first SBA Loan bailout idea is geared towards companies in trouble that have an established set of criteria, it has been hard for both borrowers and lenders to connect the dots. In addition, bankers, for the most part, are gun shy.
However, banks are loaning money because it is their business to do so. It would make sense that at some point banks would start loaning money to job-creating small businesses to stabilize these companies.
This second wave of funding, directed at SBA, would be smart considering the trend that's happening right now in entrepreneurship. The recession is creating market share and net categories of business. It would be wise to invest in the up and coming business models instead of trying to keep older, possibly less successful, models intact.
Are you considering an SBA LOAN? Have you applied for the SBA ARC Loan? PLEASE COMMENT.
Craig Francis is the creator of SBALOANSTORE.com and
is one of top 10 commercial USA real estate brokers nationally, with
over 27 years of business development industry experience. He has
personally produced a BILLION DOLLARS for small business, and was a top
producer for Dun & Bradstreet, Bank of Commerce, and Local
Development Corporation. Visit SBALOANSTORE.com for more information. Craig Francis is also available to work directly with businesses in the Southern California area.
Unsecured Small Business Loans and SBA Loans aren't as hard for people to get with President Obama's leadership!
Posted by: Unsecured Small Business Loans | 07/28/2009 at 08:47 PM