NADCO’s president Beth Solomon makes some solid points in her article against a government shutdown and brings to mind the 17-day government desist in the ‘90s. Directly affected will be the SBA-504 loan, the flagship loan of CDC Small Business Finance.
“This year, according to the SBA, there has been an 11 percent increase in 504 REAL lending, reflecting both borrower demand and a tentative economic recovery. This program is a rarity in public policy: a public-private partnership that embodies smart government and actually works.”
You can’t argue the numbers. The SBA-504 is good for our economy, good for jobs, good for our neighborhoods and good for the government.
Read Beth Solomon’s full article by clicking here.