In February, the SBA also rolled out two initiatives, the Community Advantage and the Small Loan Advantage programs, to address the gap.
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Whatever the cause, we are experiencing a return to the levels of bank small loan activity of more than a decade ago.
It takes as much work for a bank to underwrite small loan as a large loan, says Bob Coleman, an SBA-loan analyst in La Canada, Calif.
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That is why we launched two new initiatives, Small Loan Advantage and Community Advantage, which help get lower dollar loans into the hands of small business owners.
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And then from the savings, we teach them how to go to a bank and apply for a small loan so that they can start a small business.
Building wealth is not only about growing your assets, but also reducing your liabilities, be it a mortgage, student loan, car loan, credit card debt, or a small business loan.
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But the small Perkins Loan Program, which helps lower-income and lower middle-income students, was spared.
In many cases, banks are now requiring this type of protection to approve a small business loan.
So we've expanded the SBA loan -- the Small Business Administration loan portfolio by about 70 percent.
Banks are exempt from the new law and stand to profit as some small-loan customers come their way.
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Each woman gets her own, small, loan, but all the women in the group must meet their repayment obligations together.
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Restoring a small business loan program and continuing tax credit funding.
Another trap, more likely in these credit crunch days: One of your kids can't get a small business loan or a mortgage, so you lend him or her a wad.
Keep in mind, a small business loan of any sort, or a large business loan of any sort requires some sense of, all right, what's the business plan, what are your projected earnings, et cetera, et cetera.
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The apocalyptic tax consequence of being a passive investor in small business loans stops virtually all foreign investors from participating directly in the U.S. small business loan market while driving their investment dollars into the corporate bond market.
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P2P lending focuses on one individual lending to another, crowdfunding aggregates many small investors to provide a loan to one small business.
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The law also added service-disabled vets to the list of groups eligible for fully guaranteed loans under the government's 7A small-business loan program and created a government-wide goal that 3% of all federal contracts must go to small businesses owned by service-disabled veterans.
To spur lending to small businesses, the government established the Small Business Lending Fund as part of TARP. which was designed to raise capital for small banks so they could loan out this money to small businesses.
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It should include expansions of vital Small Business Administration loan programs that are needed now more than ever.
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They financed their homes through small savings and loan associations.
The Nazis began to repay the occupation loan in small instalments, but it ceased in 1945.
This increase notwithstanding, second-lien remains a small fraction of institutional loan issuance, at 5.6% in the year to date.
Basuki, the South Kalimantan businessman, says banks typically ask for collateral worth 90% of the value of the loan from small businesses.
Borrowers could pick how much to pay each month, including amounts so small they inflated the loan balance and practically insured the mortgage would blow up.
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Mortgages became less available, millions of credit cards were revoked, lines of credit dried up, and banks essentially abandoned the small business and student loan markets.
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Community financial institutions disproportionately loan to small businesses, providing a foundation for the creation of new enterprises, new jobs, new opportunities and, most important, strong economic growth and long-term stability.
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In essence, the European banks are charging the Soviets the equivalent of an interest rate exceeding 20 percent on the very small portion of the loan that is not guaranteed by the United States.
The Bank of Japan, the Federal Reserve and the Bank of England have all embarked on a process of quantitative easing -- increasing the supply of money in the economy -- while also introducing other policies such as an unemployment benchmark and a funding for lending scheme, intended to encourage banks to loan to small businesses.
So far the Small Business Administration has approved loans and allowed many small businesses to defer existing loan payments.
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He is waiting for a loan from the Small Business Administration.
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