Download Should Lenders Assume More Responsibility In The Small Business Administration 7a Loan Program full books in PDF, epub, and Kindle. Read online Should Lenders Assume More Responsibility In The Small Business Administration 7a Loan Program ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Should Lenders Assume More Responsibilities in the Small Business Administration 7(a) Loan Program?
Book Synopsis Should Lenders Assume More Responsibilities in the Small Business Administration 7(a) Loan Program? by : United States Accounting Office (GAO)
Download or read book Should Lenders Assume More Responsibilities in the Small Business Administration 7(a) Loan Program? written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-26 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should Lenders Assume More Responsibilities in the Small Business Administration 7(a) Loan Program?
Book Synopsis SBA's 7(A) Loan Program by : United States. Congress. House. Committee on Small Business
Download or read book SBA's 7(A) Loan Program written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2017 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Small Business Administration: 7(a) Loan Program Needs Additional Performance Measures by :
Download or read book Small Business Administration: 7(a) Loan Program Needs Additional Performance Measures written by and published by DIANE Publishing. This book was released on 2007 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
The Small Business Administration's (SBA) 7(a) program is intended to provide loan guarantees to small business borrowers who cannot obtain conventional credit at reasonable terms and do not have the personal resources to provide financing themselves. In FY 2008, SBA guaranteed over 69,000 loans valued at about $13 billion. This report: (1) describes SBA's criteria and lenders' practices for determining that borrowers cannot obtain credit elsewhere; and (2) examines SBA's efforts to ensure that lenders are complying with the credit elsewhere provision. To meet these objectives, the auditor visited 18 lenders and reviewed 238 of their loan files, and reviewed 97 lender review reports. Includes recommendations. Charts and tables.
Book Synopsis Small Business Administration by : William B. Shear
Download or read book Small Business Administration written by William B. Shear and published by DIANE Publishing. This book was released on 2009-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration's (SBA) 7(a) program is intended to provide loan guarantees to small business borrowers who cannot obtain conventional credit at reasonable terms and do not have the personal resources to provide financing themselves. In FY 2008, SBA guaranteed over 69,000 loans valued at about $13 billion. This report: (1) describes SBA's criteria and lenders' practices for determining that borrowers cannot obtain credit elsewhere; and (2) examines SBA's efforts to ensure that lenders are complying with the credit elsewhere provision. To meet these objectives, the auditor visited 18 lenders and reviewed 238 of their loan files, and reviewed 97 lender review reports. Includes recommendations. Charts and tables.
Book Synopsis Evaluation of the 7(a) Guaranteed Business Loan Program by : United States. Small Business Administration
Download or read book Evaluation of the 7(a) Guaranteed Business Loan Program written by United States. Small Business Administration and published by . This book was released on 1992 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
The Small Business Administration (SBA) administers several programs to support small businesses, including loan guaranty programs designed to encourage lenders to provide loans to small businesses "that might not otherwise obtain financing on reasonable terms and conditions." The SBA's 7(a) loan guaranty program is considered the agency's flagship loan program. Its name is derived from Section 7(a) of the Small Business Act of 1953 (P.L. 83-163, as amended), which authorizes the SBA to provide business loans and loan guaranties to American small businesses. In FY2014, the SBA approved 52,044 7(a) loans totaling $19.2 billion. The average approved 7(a) loan amount was $368,737. Proceeds from 7(a) loans may be used to establish a new business or to assist in the operation, acquisition, or expansion of an existing business. Congressional interest in the 7(a) program has increased in recent years because of concerns that small businesses might be prevented from accessing sufficient capital to enable them to assist in the economic recovery. Some, including President Obama, argue that the SBA should be provided additional resources to assist small businesses in acquiring capital necessary to start, continue, or expand operations with the expectation that in so doing small businesses will create jobs. Others worry about the long-term adverse economic effects of spending programs that increase the federal deficit. They advocate business tax reduction, financial credit market reforms, and fiscal restraint as the best means to help small businesses further economic growth and job creation. This report discusses the rationale provided for the 7(a) program; the program's borrower and lender eligibility standards and program requirements; and program statistics, including loan volume, loss rates, use of proceeds, borrower satisfaction, and borrower demographics. It also examines issues raised concerning the SBA's administration of the 7(a) program, including the oversight of 7(a) lenders and the program's lack of outcome-based performance measures. In addition, the report surveys congressional action taken during the 111th Congress to enhance small businesses' access to capital, including the providing more than $1.1 billion to temporarily subsidize the 7(a) and 504/Certified Development Companies (CDC) loan guaranty programs' fees and temporarily increase the 7(a) program's maximum loan guaranty percentage to 90% (funding was exhausted on January 3, 2011); raising the 7(a) program's gross loan limit from $2 million to $5 million; and establishing an alternative size standard for the 7(a) and 504/CDC loan programs. This report also examines legislation introduced during the 112th Congress to continue the fee waivers and increase the 7(a) program's SBAExpress and recently discontinued Patriot Express programs' maximum loan amounts. It discusses the Obama Administration's decision to waive the up-front loan guaranty fee and ongoing servicing fee for 7(a) loans of $150,000 or less approved in FY2014 and FY2015; the up-front, one-time loan guaranty fee for all veteran loans under the SBAExpress program (up to $350,000) from January 1, 2014, through the end of FY2015 (called the Veterans Advantage Program); and 50% of the up-front loan guaranty fee on all non-SBAExpress 7(a) loans to veterans exceeding $150,000 in FY2015.
Book Synopsis Small Business Administration 7(a) Loan Guaranty Program by : Congressional Research Congressional Research Service
Download or read book Small Business Administration 7(a) Loan Guaranty Program written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-22 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration (SBA) administers several programs to support small businesses, including loan guaranty programs designed to encourage lenders to provide loans to small businesses "that might not otherwise obtain financing on reasonable terms and conditions." The SBA's 7(a) loan guaranty program is considered the agency's flagship loan program. Its name is derived from Section 7(a) of the Small Business Act of 1953 (P.L. 83-163, as amended), which authorizes the SBA to provide business loans and loan guaranties to American small businesses. In FY2014, the SBA approved 52,044 7(a) loans totaling $19.2 billion. The average approved 7(a) loan amount was $368,737. Proceeds from 7(a) loans may be used to establish a new business or to assist in the operation, acquisition, or expansion of an existing business. Congressional interest in the 7(a) program has increased in recent years because of concerns that small businesses might be prevented from accessing sufficient capital to enable them to assist in the economic recovery. Some, including President Obama, argue that the SBA should be provided additional resources to assist small businesses in acquiring capital necessary to start, continue, or expand operations with the expectation that in so doing small businesses will create jobs. Others worry about the long-term adverse economic effects of spending programs that increase the federal deficit. They advocate business tax reduction, financial credit market reforms, and fiscal restraint as the best means to help small businesses further economic growth and job creation. This report discusses the rationale provided for the 7(a) program; the program's borrower and lender eligibility standards and program requirements; and program statistics, including loan volume, loss rates, use of proceeds, borrower satisfaction, and borrower demographics. It also examines issues raised concerning the SBA's administration of the 7(a) program, including the oversight of 7(a) lenders and the program's lack of outcome-based performance measures. In addition, the report surveys congressional action taken during the 111th Congress to enhance small businesses' access to capital, including the providing more than $1.1 billion to temporarily subsidize the 7(a) and 504/Certified Development Companies (CDC) loan guaranty programs' fees and temporarily increase the 7(a) program's maximum loan guaranty percentage to 90% (funding was exhausted on January 3, 2011); raising the 7(a) program's gross loan limit from $2 million to $5 million; and establishing an alternative size standard for the 7(a) and 504/CDC loan programs. This report also examines legislation introduced during the 112th Congress to continue the fee waivers and increase the 7(a) program's SBAExpress and recently discontinued Patriot Express programs' maximum loan amounts. It discusses the Obama Administration's decision to waive the up-front loan guaranty fee and ongoing servicing fee for 7(a) loans of $150,000 or less approved in FY2014 and FY2015; the up-front, one-time loan guaranty fee for all veteran loans under the SBAExpress program (up to $350,000) from January 1, 2014, through the end of FY2015 (called the Veterans Advantage Program); and 50% of the up-front loan guaranty fee on all non-SBAExpress 7(a) loans to veterans exceeding $150,000 in FY2015.
Book Synopsis The Small Business Administration Needs to Improve Its 7(a) Loan Program by : United States. General Accounting Office
Download or read book The Small Business Administration Needs to Improve Its 7(a) Loan Program written by United States. General Accounting Office and published by . This book was released on 1976 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This is a print on demand edition of a hard to find publication. Many lenders have been reluctant to offer conventional loans -- that is, loans not guaranteed by the fed. gov¿t. -- to small bus. (SB). While the SBA loan guarantee programs are intended to help SB raise critical financing that they may have difficulty obtaining from other sources, the availability of such loans has also declined. This report reviews SBA¿s efforts to implement the 8 Amer. Recovery and Reinvest. Act (ARRA) admin. provisions. This report discusses the extent to which: (1) SBA has implemented the 8 ARRA admin. provisions; (2) ARRA admin. provisions and other actions are enhancing liquidity in the markets for SBA loans; and (3) SBA has implemented the ARC Loan Program and how its terms appeal to market participants.
Book Synopsis Status of the Small Business Administration's (SBA)Implementation of Administrative Provisions in the American Recovery and Reinvestment Act Of 2009 by : William B. Shear
Download or read book Status of the Small Business Administration's (SBA)Implementation of Administrative Provisions in the American Recovery and Reinvestment Act Of 2009 written by William B. Shear and published by DIANE Publishing. This book was released on 2011 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Many lenders have been reluctant to offer conventional loans -- that is, loans not guaranteed by the fed. gov¿t. -- to small bus. (SB). While the SBA loan guarantee programs are intended to help SB raise critical financing that they may have difficulty obtaining from other sources, the availability of such loans has also declined. This report reviews SBA¿s efforts to implement the 8 Amer. Recovery and Reinvest. Act (ARRA) admin. provisions. This report discusses the extent to which: (1) SBA has implemented the 8 ARRA admin. provisions; (2) ARRA admin. provisions and other actions are enhancing liquidity in the markets for SBA loans; and (3) SBA has implemented the ARC Loan Program and how its terms appeal to market participants.
Book Synopsis The 7(a) Loan Guaranty Program by : United States. Congress. Senate. Committee on Small Business and Entrepreneurship
Download or read book The 7(a) Loan Guaranty Program written by United States. Congress. Senate. Committee on Small Business and Entrepreneurship and published by . This book was released on 2002 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Small Business Administration's Direct Loan Programs by : United States. Congress. Senate. Committee on Small Business
Download or read book Small Business Administration's Direct Loan Programs written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1982 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
