I think it is a really important fact to get out there, that while banks are making small business loans and the volume is greater than the SBA, their loans are short-term in nature and they are not helping small businesses.
Emphasizing the importance of SBA loans over short-term bank loans for small businesses.
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I would like to take 1 minute now and then we are going to ask for some additional time. I want to thank the Senator from North Dakota for her really clear and direct explanation of this and her practical approach to what we do here. It is…
I generally support the goals of the enhancements to the FAST Act, and do believe, as Senator McCaskill said, that having--and both of you--a permanent director, a budget, a staff to give some strength to what you all are trying to do.
If this process is not fixed or focused or made better, it would really be not worth speaking about.
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