Small business loan interest rates are at an all-time low, and small business loan repayment rates are near their lowest level in almost four decades.
The Small Business Administration recently reported that the average amount that small business borrowers can get for a loan is about $35,000.
But that figure only includes loans that are for business purposes.
The average amount small business can borrow is less than $25,000, and it only goes up with time.
The SBA has warned that the “debt crisis” in the economy is threatening small business, and that “the economy’s long-term sustainability is in question.”
The SBEA is also warning that, “overall, our nation is experiencing a debt crisis and the consequences of that are real and growing.”
The small business administration has been warning for years that it could face a “debacle” if Congress doesn’t do something about this, and recently announced that the administration would “work to keep the pace of the recovery.”
But despite the SBA’s warning, small business owners are suffering.
In the last three years alone, the SBEAs Small Business Loan Program (SBLP) has lost $9 billion, and the SBLP has only been able to service loans of about $6 billion, according to the Federal Reserve.
“The SBLPs average loan amount has increased by nearly 50% in three years,” according to an October 28 report by the SBB.
“We have had an average loan interest rate increase of about 11% per year since 2009, and our loan servicing costs have increased by more than $6 million per year.”
The administration has already spent $7 billion on loan modifications to small business investors.
In recent years, the Obama administration has slashed the small business tax rate to 28.8% from 39.6%.
Small business tax breaks are meant to be a temporary fix.
In fact, the small-business tax credit for businesses is supposed to last for four years.
But the SBDP was supposed to be extended for five years.
The administration did not extend the credit, instead reducing the rate to 15%.
As the SBPA and SBLPA have cut small business taxes, so have the loan rates.
Small business owners have also been hit hard by the federal minimum wage hike that was approved by Congress in 2016, as well as by the expiration of the employer contribution deduction for businesses with 50 or more employees.
The Obama administration and congressional Republicans want to make up for these lost small business investment opportunities by lowering the threshold for qualifying for the deduction.
This means that many small business taxpayers will end up paying higher interest rates on their loans, because the deduction is not currently available for all small businesses.
This will hurt small business consumers and the economy, and will result in the loss of nearly $20 billion in new business investment, according the SBS report.
The small-bore economic theory that has dominated American political discourse for the last half-century is now coming to the fore in a new way.
It is called the Small Business Investment Act of 2017.
This bill, which was introduced in the House of Representatives on April 12 and sent to the Senate on April 20, would end the small Business Investment Credit, which is meant to help small business companies.
This credit was intended to help companies with fewer than 50 employees to hire employees.
But a Congressional Research Service report from 2016 found that the Small BII tax credit is “not fully implemented, and there is insufficient data to determine whether it is having an impact on employment or not.”
The Congressional Research Services report also said that the small BII credit is currently worth $1.9 trillion.
The Congressional Budget Office estimated that this tax credit would be “a small portion of the total revenue lost through the SBIC cuts.”
In other words, if the SBER were to cut all small business credit programs, it would only end up costing small business $1 trillion, or $6.5 billion over a four-year period.
As the Congressional Budget Service also noted, “there is no certainty that the SBC is having any significant effect on employment.”
But, as the SBMB said, the bill is “a significant reduction in small business funding that will have an adverse impact on the economy.”
The Senate bill, on the other hand, would make up that shortfall by reducing the SBRP by $4 billion.
The bill’s sponsor, Senator Rand Paul, called the legislation “a bold, balanced, and fair approach to reform for small businesses.”
Paul also noted that the Senate bill would also “enhance the SBO, while providing the American people with a fairer and more transparent process.”
The House bill, by contrast, “would not fully repeal the Small Boomers Tax Credit.”
Rather, it only eliminates the credit “with a few changes.”
One change that would affect a “smaller percentage of small business,” according the Senate, is that the