TITLE

Stimulus to Loosen SBA Loan Market

AUTHOR(S)
Flitter, Emily
PUB. DATE
February 2009
SOURCE
American Banker;2/3/2009, Vol. 174 Issue 22, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact that the 2009 U.S. government stimulus package being debated in Congress will have on Small Business Administration (SBA) loans. The federal legislation will provide financing to the broker-dealers that buy and securitize them, the article states. Increasing the government guarantee on certain types of SBA loans to 95%, from 75%, is also discussed.
ACCESSION #
36463120

 

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