We would be better off if banks could do what they are supposed to do and be focused on hiring more loan officers to get more money to Main Street businesses, not dealing with increased compliance costs, hiring more compliance officers, and creating less opportunities for small business to borrow money.
Williams criticizes banks for focusing on compliance rather than supporting small businesses.
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this is alarming as hostile actors like China, Iran, and Russia can receive the funding to use as they please.
Now, when the SBA changed the 7a lending rules, Members of this committee repeatedly voice their concerns that changing the underwriting standards would lead to increased default rates.
If your employees don't have faith in leadership and trust, it is not ever going to work.
His story was inspiring, and it showed that with a little help, anyone can be an entrepreneur in America.
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