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Highlights of the Small Business Stimulus Act
Oleh:
Lamoreaux, Matthew G.
;
Nevius, Alistair M.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 210 no. 6 (Dec. 2010)
,
page 26-29.
Topik:
SMALL BUSINESS LOANS
;
SMALL BUSINESS FEDERAL CONTRACTING
;
SMALL BUSINESS EXPORTS
;
OTHER SMALL BUSINESS PROGRAMSSMALL BUSINESS TAX RELIEF.
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.30
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The act creates a Small Business Lending Fund to address ongoing effects of the financial crisis on small businesses by allowing the Treasury Department to make capital investments in eligible financial institutions to increase credit available for small businesses. Independent community banks may participate in the new $30 billion lending fund on the condition they make loans to small businesses and meet other requirements. Financial institutions (bank and savings and loan holding companies, depository institutions, and community development loan funds) with $10 billion or less in total assets may apply for capital investments of up to 3% of risk-weighted assets.
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