SBA is always struggling to get funding. But there could be an unlikely solution to the agency’s challenges: climate change
The Small Business Administration always finds itself struggling to get funding. Depending on who sits in the White House, it’s oftentimes a tough sell to argue for more money to support small businesses in lieu of spending on social programs, the military or (increasingly) the interest on our national debt. But there could be an unlikely solution to the agency’s funding challenges: climate change.
If you’re familiar with the SBA, then you know that the agency does not actually give out loans. It guarantees the loans made by banks to higher-risk, small business applicants. But there is one case where the SBA actually does lend money, and the need is significantly growing.
Continue reading...from US news | The Guardian https://ift.tt/2OVX4pG
No comments:
Post a Comment