Federal Direct Loans to Small Businesses

SUMMARY

This idea brief proposes the creation of a new direct lending program within the Small Business Administration to quickly and effectively provide small businesses with access to the credit they need to survive, grow, and create jobs.

The success of America’s small businesses is vital to our nation’s prosperity, but even healthy small businesses are finding it difficult to get credit because of the financial crisis. As a result, many otherwise stable small businesses have been forced to postpone expansion or contemplate closing their doors.

This idea brief proposes the creation of a new direct lending program within the Small Business Administration to quickly and effectively provide small businesses with access to the credit they need to survive, grow, and create jobs.

To read this Report, open the attached PDF