Government eases SBA loans with higher guarantees
Government expands Small Business Administration loan access by extending TARP support and waiving fees for 7a and CDC/504 loans. Guarantee on 7a loans rises to 90 percent, still with a 1.5 million cap, as lenders move to clear old loans and issue new ones in a tighter credit market. The SBA notes loan eligibility requires repayment ability, not failing businesses.
MENTIONED IN THIS ARTICLE
Small Business Administration
SBA
Mike Stamler
Stamler
Major retailers push alternatives to card check in EFCA debate
Starbucks, Whole Foods and Costco form ad hoc panel to craft alternatives to the Employee Free Choice Act. They seek to preserve management's right to secret ballots and exclude binding arbitration, while proposals would stiffen penalties for retaliation and union violations amid a union-friendly Washington.
MENTIONED IN THIS ARTICLE
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Starbucks Corp
Whole Birds Market Inc
Costco Wholesale Corp
Washington
Congress
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