Small Business Administration

Small Business Administration PDF

Author: William B. Shear

Publisher: DIANE Publishing

Published: 2000-10

Total Pages: 62

ISBN-13: 9780756702410

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Discusses the secondary markets (SM) for small business loans guaranteed by the Small Bus. Admin. (SBA); these loans are known as SBA 7(a) loans. The objectives of this report are to (1) discuss the benefits and risks of secondary loan markets to participants; (2) identify primary benefits and risks to participants in the guaranteed 7(a) SM and the unguaranteed 7(a) SM; and (3) compare the guaranteed 7(a) SM with the SM for federally guaranteed residential mortgages, and the unguaranteed 7(a) SM with the SM for residential mortgages without a federal guarantee. Identifies these residential mortgage markets as the most valid comparisons for these objectives.