Summary
The Small Business Administration has named nine loan pool originators, which will be authorized to combine and sell pools of SBA 504-type, fixed-asset first loans in order to restart the SBA- supported, privately operated secondary market and increase lending to small businesses.
The initiative was approved under the economic stimulus legislation because the previous market for the fixed-asset loans has not revived, according to the SBA.See the full content of this document
Extract
Loan Pool Originators Ok'd
SBA will guarantee the po...
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