A Senator Sees ‘Moral Hazard’ in SBA Loan Program – Businessweek

Apr 15th, 2014 Loans.


A Senator Sees 'Moral Hazard' in SBA Loan Program
Specifically, the lawmaker says that the agency's 7(a) program, which backstops private lenders by guaranteeing up to 85 percent of the value of small business loans they make, allows banks to lend with little regard to whether the borrower will be ...
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