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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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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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NLRB Case Redefines Joint Employer Standard

The NLRB is reviewing the standard for deciding when a business under contractual arrangements is deemed a joint employer of workers employed by another business – which could make businesses more responsible for sub-contracted workers.

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Obama EO Raises Scrutiny on Contractor Labor Violations

Last week, President Barack Obama signed an Executive Order requiring federal contractors to disclose past labor violations and increasing agencies’ ability to bar those companies from receiving contracts.

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Feds Reached Small Biz Contracting Goal

Last week, the SBA released its FY2013 Small Business Procurement Scorecard and announced that for the first time in eight years the federal government reached its annual 23 percent small-business contracting goal.

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SBA Advocacy Submits Comments on Min Wage Rule

Recently, the SBA Office of Advocacy submitted comments to the Department of Labor regarding its proposed rule implementing President Obama’s directive to increase the minimum wage for federal contract workers to $10.10 per hour.

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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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Bill Introduced to Ease Federal Contracting Process

Last week, Rep. Scott Peters (D-Calif.) introduced legislation which would increase efficiency and streamline the registration process for small businesses interested in participating in the federal marketplace.

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