Podcast: Time To Bring Microlenders To The Table

Posted on | December 8, 2008 | Comments Off

You know, it’s kind of weird that lawmakers are getting as exercised as they are over small business access to capital while paying almost no attention at all to the community banks and microenterprise development organizations that haven’t been impacted by the credit crisis and are beetling along, providing financing like they normally do.

Of course, the financial system needs to be fixed. But given how little penetration SBA-backed loans have in the overall small business financing market and given the fact that, in an emergency, you want to push forward the stuff that is working rather than making everybody wait until you’ve fixed the stuff that’s irrelevant, it’s tactically peculiar of them.

Listen to the Microbusiness News Briefs Podcast:

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Next week will be the final regular edition of the Microbusiness News Briefs Podcast for 2008. I hope to get a couple of Podcast Specials up for you over the final two weeks of the year and will return with my regular podcast on January 5th.

For more information:

Association for Enterprise Opportunity
Aspen Institute Fund for Innovation, Effectiveness, Learning and Dissemination (FIELD)
GAO Report: Small Business Administration: Agency Should Assess Resources Devoted to Contracting and Improve Several Processes in the 8(a) Program (PDF)
National Association for the Self-Employed


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