Bills would establish SBA direct-lending program, open marketplace for women

06/28/2013 | Accounting Today

Two bills to help entrepreneurs and small businesses have been introduced by Rep. Nydia Velazquez, D-N.Y. One would create a direct-lending program at the Small Business Administration to help companies expand. The other would aid female business owners in the federal procurement process. "By filling in gaps in the small-business credit markets, the SBA can help small companies to enter new markets, develop new products, reinvest in their operations and, ultimately, bring on new employees," Velazquez said.

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