More News
INCBIZNET PR WIRE
More PR Wire | Send Your Press Releases
INCBIZNET BLOG
More Blogs | Feature Your Blog
 |
|
|
|
|
||
Sponsored Sections
Committee Approves Small-Business Bills
EMAIL THIS ARTICLE
PRINTER FRIENDLY
COMMENT ON THIS ARTICLE
BUY A REPRINTThe House Small Business Committee this week approved two bills aimed at boosting federal microloans and global trade programs for smaller businesses.
The Microloan Amendments Modernization Act, which offers loans through the Small Business Administration, allows small-business owners to leverage their payment records to establish a credit history with lenders, while offering lines of credit and other micro-lending options.
For entrepreneurs looking for opportunities abroad, the SBA Trade Programs Act establishes a set of trade policies specific to smaller businesses, such as increasing export assistance to small-business owners and offering protections against unfair practices in foreign markets.
Together, the initiatives will help smaller businesses access capital and identify markets that will allow their businesses to grow, according to Rep. Nydia Velazquez (D-N.Y.), the committee chairwoman.
-next-
« Get more advice every month. Click here to subscribe to Inc. magazine!
