Nourishment For The Credit-Starved
And the bailout beat goes on. As of Friday, the U.S. government was noodling whether to give small businesses access to the $700-billion Troubled Asset Relief Program, in the form of an expansion to the Small Business Administration’s 7(a) loan program.
Forget for the moment that investing taxpayer money in small and struggling companies is more than a little risky. Or if the amounts available ultimately will do much to jump-start the economy.
Forget all that and focus on something a bit more tangible: available capital, right here, right now, at the right price.
This article originally appeared on Forbes.com.