Legislative Alerts : Veterans Small Business Opportunity Act
The "Veterans Small Business Opportunity Act of 2007" would increase the amount of loans available to eligible small businesses when an essential employee is called-up to active duty. The bill would also allow the U.S. Small Business Administration, by direct loan or through banks, to offer unsecured loans of up to $25,000 - a substantial increase from the current $5,000 limit. A small business may qualify for the loan if an employee or owner who has been called up for active duty has managerial or technical expertise that is critical to the successful day-to-day operations of the small business.
Take Action
The comments are owned by the poster. We aren't responsible for their content.
| Poster | Thread |
|---|