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Author: Marcus Powell Publisher: Nova Science Publishers ISBN: 9781624174827 Category : Federal aid to small business Languages : en Pages : 0
Book Description
The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.
Author: United States. Congress. House. Committee on Small Business. Subcommittee on General Oversight Publisher: ISBN: Category : Development credit corporations Languages : en Pages : 244
Author: United States. Congress. House. Committee on Small Business. Subcommittee on General Oversight Publisher: ISBN: Category : Development credit corporations Languages : en Pages : 264
Author: Serena Pavone Publisher: Nova Science Publishers ISBN: 9781633214668 Category : Small business Languages : en Pages : 0
Book Description
The Small Business Administration (SBA) administers programs to support small businesses, including several 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 504 Certified Development Company (504/CDC) loan guaranty program is administered through non-profit Certified Development Companies (CDC). It provides long-term fixed rate financing for major fixed assets, such as land, buildings, equipment, and machinery. This book examines the lending standards and performance measures SBA has established to help ensure that loans meet key requirements, as well as 504 loan performance, and SBA's processes for reviewing CDCs' eligibility to participate in the program, loan applications, and CDCs' compliance with program requirements.