The SBA 7(a) Loan Program is generally easier to get than conventional loans. To help spurt lending among banks, the federal government has increased its loan guarantee and set aside fees for borrowers. According to an article by John G. Edwards of the Las Vegas Review Journal, OPENING DOORS POLICY – Government Programs giving businesses way out of recession doldrums” dated Sunday, June 13, 2010, that the federal, state and local government agencies are helping small business owners get loans, learn better management techniques, obtain government contracts, expand into export markets and cut costs.
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