On Monday, September 27th, President Obama signed into law the bill known as HR 5297, or the Small Business Jobs and Credit Act. I’ve been reading a lot of commentaries about what is and isn’t included in this new law, and there is still some ambiguity about parts of this legislation. I’ve read t
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09/28/2010
I’ve been keeping my eyes and ears open for news about HR 5297 now that Congress is back in session, and have received word that the bill made it through cloture today. The cloture vote passed 61 to 37. This means there’s less than 30 hours left to finish debating it before the final bill is vot
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09/14/2010
In early August I announced that the 20-year, fixed interest rate for SBA 504 loans (aka SmartChoice Commercial Loans) had fallen below 5.00% for only the second time in history. Well, I’ve got even better news this month . . . The 20-year, fixed interest rate on all SBA 504 loan projects has now
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09/09/2010
