Capital West Advisors discusses CNBC.com article re: SBA

I read the article written by David Port at Entrepreneur.com article and I must agree with the many critics that state the problems with the SBA. I never hear about the opportunities available through the SBA program. For the past 7 years, the ability to take out a home equity line of credit has provided a better way for small companies to raise capital. Now that most of the banks are gone, where do small businesses go to get the capital that is typically needed to help a company through an economic cycle such as we are in. I don’t know exactly what the SBA needs to do to validate the integrity of an entity helping out the little guy, but they need to act quickly. It would make sense to create some sort of incubator style partnership creates synergies amongst startups. The beginning phase is so tough and there is a strong need for more sweat equity, planning, and motivation. Maybe the SBA should keep this in mind now that funding of most conventional forms of debt leverage are fading away.