Tag Archives: small business lending

House Passes ABA-Backed SBA 7(a) Reform Bill

By a voice vote, the House today passed H.R. 4743, a bipartisan bill introduced by Reps. Steve Chabot (R-Ohio) and Nydia Velazquez (D-N.Y.) that would strengthen the Small Business Administration’s oversight of its loan programs and increase its maximum lending authority.

Read More »

Fed Study: Credit Key to Small Business Recovery after Disasters

Amid a record-setting wave of disaster losses in 2017 -- including from Hurricanes Harvey, Irma and Maria, plus wildfires in the West -- small businesses’ insurance gaps meant that credit availability was a key factor in their ability to recover, according to a report today from the Federal Reserve Banks of New York, Dallas, Richmond and San Francisco.

Read More »