Monthly Archives: February 2010

Expect Higher Fees and Lower Guarantees as SBA Stimulus Money Runs Out

The SBA is preparing to transition back to loans with lower guarantees and higher fees as the fund for those programs established by the American Recovery and Reinvestment Act (ARRA) runs out and the February 28 authorization for the programs … Continue reading

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The Winter of Our Discontent

I’ve been joking for some time now that the winter of 2009-2010 will be remembered as The Winter of Our Discontent, what with the long brutal winter, bitter politics and moribund economy. Now along comes Forbes to pile on even more … Continue reading

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Working in a Small Space Without Feeling Claustrophic

I get claustrophobic very easily. Yet, I work in a small space and never feel claustrophobic. That’s because the small space our team works in is “small business,” and for many small businesses, the sky is the limit when it … Continue reading

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Too Big to Fail, Too Small to Help?

Like many people across the country, I watched for the better part of a year as economic aid – “stimulus money” – was funneled to the mega banks, car manufacturers and financial service firms that were “too big to fail.” … Continue reading

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Call with SBA Administrator Karen Mills Addresses Direct Lending and Options for Unbankable Businesses

Last Friday in my role as national public policy chair for NAWBO, I participated in a conference call with SBA administrator Karen Mills. During that call, Administrator Mills walked us through the details of several lending programs that were designed … Continue reading

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Businesses, Not Programs, Create Jobs

Many small business owners would agree that owning a company is more about sweat and determination than glamour and prestige. But as policymakers confront double-digit unemployment and finally get serious about job creation, small businesses are suddenly getting marquee billing. … Continue reading

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