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SBA Lending Sets Another Record in FY 2014

SBA Lending Sets Another Record in FY 2014

Last week, SBA Administrator Maria Contreras-Sweet touted another lending record achieved by the agency in fiscal year (FY) 2014, approving 52,044 7(a) loans for $19.19 billion.

Senate Panel to Hold Hearing on SBA Advocacy Nominee

Next Wednesday, the Senate Committee on Small Business and Entrepreneurship will hold a nomination hearing for Gilberto de Jesús, President Obama’s nominee for SBA Office of Advocacy Chief Counsel.

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Election Analysis: Capital, Contracting, Patents and Cybersecurity

The Republican take-over of the Senate could have lasting effects on issues including access to capital, federal contracting reform, patents and cybersecurity.

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Owner Beware: Tax Gimmicks Can Hinder Financing Options

NSBA partner Dealstruck outlines the problems in utilizing too many tax deductions and potentially showing a zero income—something that could seriously hinder a small-business owner’s ability to garner financing.

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House Bill Introduced to Modernize SBA Loan Process

Last week, House Small Business Committee Chairman Sam Graves (R-Mo.) introduced legislation to simplify the loan application process for SBA loans by mandating they allow the use of e-signature and electronic records.

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House Hearing with SBA Administrator

Last week, the House Committee on Small Business held a hearing on the SBA examining its ability to most effectively benefit America’s small businesses and bolster their role in the economy – the sole witness was Administrator Maria Contreras-Sweet.

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Congress Returns with a Full Legislative Plate

When Congress returns to Washington, D.C. next week, there are several must-pass pieces of legislation awaiting them, including appropriations bills, reauthorization of Ex-Im Bank, tax extenders, the internet tax moratorium, and much more.

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NSBA Economic Report: Small-Business Hiring Improves

NSBA today released the 2014 Mid-Year Economic Report which shows positive gains in revenues and hiring as well as improved economic outlook and confidence among America’s small-business owners.

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Government Contracts and the Need for Working Capital

Government contractors often face financial strains due to payment delays, making short-term financing helpful, but it is important to understand all of your options.

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Earlier this week, NSBA held its annual Small Business Washington Presentation in Washington, D.C. where members heard from SBA Administrator Maria Contreras-Sweet, attended a Congressional Breakfast and much more.

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