Small Business Loans are sooo close to getting better and you can help.
The House and Senate have drafted very similar bills to increase access to capital for Small Business, but neither has gained enough traction yet. The Senate Committee on Small Business has passed their version, but the House’s bill has stalled.
If you own a small business and you need a loan, do yourself a favor and get in touch with your local Congressperson. These bills have a huge potential impact on the fortunes of many small and mid sized businesses since they would allow for larger loans, continuation of the reduced loan fees, higher SBA guarantees for lenders and refinances through the 504 loan program.
Here are links to the offices of all of the House members. Get in touch with them and let them know your needs: