ALERT: Potential SBA Appropriation Shortage
Over 85% of our Clients, both Sellers and Buyers, now benefit from or are planning to use one of the SBA Loan Guarantee Programs.
In addition to new owner Acquisition Funding, our value development for exit planning relies on these programs for new equipment purchasing, facility upgrades, new facility purchasing and Succession/Partner buyouts.
The article linked below suggests that appropriated funds for these vital SBA lending programs are at risk of being shut down for the remainder of the year unless Congress acts quickly to increase the authorization level before they recess August 1.
ALERT: SBA SHUTDOWN ARTICLE
Along with our Affiliate Bankers and thousands of others that rely on SBA programs, we ask that you join us in contacting Senator Maria Cantwell, a member of the Small Business Committee and urge her to help extend the funding for these vital SBA lending programs.
CONTACT: This has the Committee members direct contact as well as the general feedback form: COMMITTEE CONTACT LINK
Thank you for your consideration of this important effort.
Bill Pearsall, Founder
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