Small Business Administration Programs
The U.S. Small Business Administration will be increasing revenue standards for several categories within the real estate industry.
On September 27, 2010, President Obama signed into law the Small Business Jobs and Credit Act of 2010 (H.R. 5297).
With credit sources hard to access, it seems that more businesses would turn to the Small Business Administration (SBA) and its loan programs for building acquisitions. In spite of today’s sub five-percent, 20-year, fixed loan rates however, the program battles some misperceptions and does little to promote its loans. Read the rest of this issue of Commercial Connections for more...