Magic or Bird… DeNiro or Pacino… Mac or PC What do all these things have in common? Nearly everyone will come down on one side of the debate citing some really compelling reasons; but at the end of the day neither has enough support for a conclusive determination. You can find a lot of Op-Ed …
There’s been increasing attention on middle market companies (an under-defined group, but somewhere in the $5M to $1B revenue range) as the unsung heroes of the US economy. This relatively small group of 200,000 is responsible for 35% of the employment and 40% of GDP. With over 27 million total businesses in the US of which 6.2 …
By providing partial guarantees of billions of dollars in loans to mid-market and small businesses, the SBA is navigating treacherous waters. While fulfilling their mission to support small business growth, there’s always a danger that the SBA safety net allows lenders to excessively gamble on riskier companies exposing themselves to unsafe losses. Recent “Liar Loans” that …
From Businessweek: Make the Next Bailout Serve Small Business It’s an oldie, but still very relevant. Why has there been such a huge failure by the architects of the these bailouts at making them work for small and medium businesses? Mr. Shane talks about a number of problems with trying to target the bail out billions …
From The Wall Street Journal: Spotlight Shines On Mid-Sized Firms Are mid-sized firms the ignored middle child of the US economy? That’s what this recent WSJ article argues; and it highlights a new summit going on at Ohio State this week. The “Middle Market Summit” is being bankrolled by a number of large companies (GE and …
From Credit Union Times: Congress will Again Take Up Business Lending, Consumer Bureau and Deficits Credit Unions are lobbying to loosen regulations that cap the amount of SMB lending they are allowed to carry. The fact that some banks are claiming to be turning down worthy businesses because of regulation is a little disturbing, especially given …
From Bloomberg Businessweek: What We Don’t Know About Small Business Lending The 2008 crisis has shed some light on many problems with our financial system that have been either hidden or ignored. One of those problems is that we simply don’t have enough information about mid-market and small businesses.
