ABSTRACT

Small Business Administration 504/CDC Loan Guaranty Program [November 12, 2015]   [open pdf - 860KB]

"The Small Business Administration (SBA) administers programs to support small businesses, including several loan guaranty programs designed to encourage lenders to provide loans to small businesses 'that might not otherwise obtain financing on reasonable terms and conditions.' [...] This report opens with a discussion of the rationale provided for the 504/CDC [Certified Development Company] program. It then examines the program's borrower and lender eligibility standards, program requirements, and program statistics, including loan volume, loss rates, use of proceeds, borrower satisfaction, and borrower demographics."

Report Number:
CRS Report for Congress, R41184
Author:
Publisher:
Date:
2015-11-12
Copyright:
Public Domain
Retrieved From:
National Agricultural Law Center: http://www.nationalaglawcenter.org/
Format:
pdf
Media Type:
application/pdf
URL:
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