Small Business Administration 504/CDC Loan Guaranty Program.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Capital investments.

Economic policy.

Small business.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2010

Summary:

Discusses rationale for SBA 504/certified development company (504/CDC) program, to encourage lenders to provide loans to certain small businesses that might otherwise be considered too risky to invest inches Covers program borrower and lender eligibility standards, requirements, and statistics, including loan volume, loss rates, use of the proceeds, borrower satisfaction, and borrower demographics. Examines previous Congressional action taken to enhance small business access to capital, including temporary subsidization of 504/CDC program third-party participation fee and certified development company processing fee. Examines issues raised concerning SBA management of the program, including oversight of 504/CDC lenders. Assesses Obama Administration proposals and pending legislation; including H.R. 3854, the Small Business Financing and Investment Act of 2009; and S. 2869, the Small Business Job Creation and Access to Capital Act of 2009; both to authorize changes to the 504/CDC program to enhance small business access to capital

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of CongressCongressional Research Service Small Business Administration 504/CDC Loan Guaranty Program

Publisher Number:

CRS-2010-GVF-0357

Access Restriction:

Restricted for use by site license