SBA Applauds Obama’s QuickPay Annoucement

Jessica SarterSmall Business Lending

President Obama Delivers Address On Immigration Reform In Las Vegas, Nevada

In a recent announcement, President Obama reduces the time that federal agencies can take to pay small businesses for their products and services from 30 days to 15 days. This “QuickPay” announcement receives the support of SBA administrator Karen Mills; however, a reduction in payment time will not necessarily create more jobs or flow down to subcontractors. In the short-run, … Read More