Intelligence

Impact of SBA Budget On Small Business Lending

Reporter: Brian O'Connell

Publication: TheStreet.com

Contact: iq@fullyvested.com

Deadline: Apr 6, 2017 7:00 pm

At a time when small business owners are bullish on the U.S. economy – and their own prospects – the Trump administration is pulling back on federal funding. According to a White House draft proposal, the U.S. Small Business Administration is facing a 5% budget cut for fiscal year 2018, or $43.2 million in actual dollars. What vexes small business advocates isn’t necessarily the cuts themselves, but where the Trump team is steering those cuts – – – need experts to weigh in on SBA budget and potential impact on small business lending in Trump era, especially with SBA budget cuts. What are the big issues and why? Will big lenders take up the slack? Will independent banks and alt-lenders be active? Why or why not? All comments welcome. This is for Deal Flow – a Street.com business media site. Requirements: Small business experts, small business owners, small business lenders, SBA experts, money experts

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