| Benefit from the Stimulus Bill | | | | in a positive way, continues them and allows small |
| American Recovery and Reinvestment Act of 2009 | | | | business lending as a whole. |
| (the Obama stimulus bill) has a little know about | | | | Some undiscerning headlines claim $3 billion in the |
| provision that increases spending the availability of | | | | stimulus bill is being pumped into the secondary market |
| Small Business Administration (SBA) loans. Essentially it | | | | and viola, the banks will be making more loans. Not so |
| creates a secondary loan and market that creates | | | | fast. As this article explains, that money is being |
| Guaranteed SBA Loans. What this means to all you | | | | pumped into an elite SBA program that will not affect |
| small business owners out their, the government is | | | | the average small business owner. |
| loosening up rules and changing requirement so that | | | | Please remember that these aren't loans straight from |
| lenders will start loaning money again. | | | | the government to the small business owner. Basically |
| Strangely enough the liberal U.S. Congress failed to | | | | its a provision that allows lenders to be able to more |
| make many SBA Loan programs permanent, and they | | | | freely give small business owners money (which the |
| didn't remove the 10% cap on the number of loans. So | | | | Obama Administration feels will restart the economy). |
| with the Obama stimulus bil it affects these programs | | | | |