nonblogger. » fruit stand http://nonblogger.com stephan iscoe's personal weblog Thu, 06 May 2010 12:23:04 +0000 http://wordpress.org/?v=2.9 en hourly 1 Your $15 Billion Small Business Fund http://nonblogger.com/your-15-billion-small-business-fund/ http://nonblogger.com/your-15-billion-small-business-fund/#comments Tue, 17 Mar 2009 13:49:26 +0000 Stephan Iscoe http://nonblogger.com/?p=279

The Bailout comes to Main Street at last…President Obama and Treasury Secretary Tim Geithner announced three important initiatives that will help small businesses survive and thrive this near-depression.

  1. Small business loan fees will be eliminated from 7(a) and 504 loans – up to $75,000.
  2. The SBA is raising the maximum amount of these loans it will guarantee up to 90% – from a 75% ceiling.
  3. And with Geithner’s Term Asset-Backed Securities Loan Facility, an additional $15 billion of the TARP fund will be used specifically for small-business loan-backed securities, starting this month.

]]> http://nonblogger.com/your-15-billion-small-business-fund/feed/ 1