Oct 23, 2009 (Congressional Documents and Publications/ContentWorks via COMTEX) -- SBCOE | Quote | Chart | News | PowerRating -- (Washington, DC)- U.S. Senator Jeanne Shaheen has cosponsored the Small Business Access to Capital Act (S. 1832), which would further enable refinancing through the 504 loan program and increase the limit of small business loans backed by the Small Business Administration (SBA). These provisions will help improve access to much-needed capital for small business owners.
"Small businesses create jobs and stimulate local economies, and, in New Hampshire, small businesses are the engine of the state's economy," said Shaheen. "To end the recession, it is essential that we provide small business owners the capital they need so that they can keep their doors open, hire more employees and grow their businesses in the very difficult economic environment."
SHAHEEN COSPONSORS LEGISLATION TO INCREASE SMALL BUSINESS ACCESS TO CAPITAL