how much small business loan can i get

” Mr. Corralejo called for more funding for SBA and other alternative credit programs: “The biggest problem is that it’s a digit too small. like the lending to CDFIs …alternative means of providing credit…you’re looking at some extraordinary measures that could serve some good. The problem is there’s not enough funding. ” For example, after acknowledging the joint examination guidance that indicates prudent small business lending will not be criticized, Congressman Bachus stated, “Sadly that guidance is not always filtering back to the operational level, as indicated by the constant stream of comments I and my colleagues…receive from community banks and their small business customers…This has become so commonplace that it has become known as the mixed messages problem. ” At the same time, John D.

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Thus, financial planning, including working capital planning, is very essential to run a business efficiently.

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how is quicken loans with better business bureau ” At the same time, John D. Harrison, Superintendent, Alabama State Banking Department, emphasized the value of local expertise at the field level. “t looks like we’re all coming down from Washington,” he said. “We need to be sending that authority and that responsibility down to that region and that field level person that should be able to work with that institution, know that market, know the economic conditions and come up with a sound judgment. ”In addition to communications issues, some participants suggested that some examiners and bankers are adopting an overly conservative approach to small business loans. For example, Senator Warner pointed out, “hether you are a lending officer or…a bank examiner,…human nature…pushes you to more conservatism. ” Similarly, some bankers, feeling pressure to improve their balance sheets, may be more restrictive when granting credit and partly attribute their reluctance to supervisory policies and examiners. As FDIC Chairman Bair noted, “ometimes our examiners are used as an excuse. may not really want to make the loan, and ‘Oh, our regulator won’t let me do that. ’ So some of that happens. ”Regulators at the forum emphasized the need to balance the regulatory process to ensure that prudent loans are made, while minimizing the potential for examiner or banker overreaction.

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how much small business loan can i get