| Stimulus Package will Ignite SBA Lending! SBA loan guarantee increased to 90%.
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There has been little news in the media about what the stimulus package will do for small business,in fact many have said there is very little in it for small business. Frankly I don't know how they missed this but the SBA 7a loan program got a major boost in the stimulus package. SBA loans have never looked so good for both lenders and borrowers. Check this out!
$730 million for SBA programs, here is where it is going to go...
SBA loan guarantees: $255 million to allow the SBA to increase
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| Now is a great time to buy a Business, a contrarian view
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Many may say that 2009 is a good time to sit on the sidelines and wait it out. They would argue that many businesses are not doing well right now, the banks aren’t lending, the economy is at its worst in decades, it is best to wait until things improve.
I take a contrarian view to this. I think now is a great time to buy a business. In 2007 business earnings were at their peak, most businesses had excellent growth, interest rates were low, and as a result business values were at their p
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