President Obama believes strongly that small businesses will help rejuvenate the economy. He has proposed a series of small business proposals in his weekly address. One of these proposals is to use roughly $30 billion in repaid TARP funds to provide additional capital to community banks. The will hopefully increase lending to small businesses and spur hiring via a $5,000 tax credit.

President Obama believes that banks need these funds to stay afloat.  In a speech he added that administration officials should continue to waive fees, increase guarantees, and expand the size of Small Business Administration backed loans for small businesses. By encouraging entrepreneurs to open their small business doors, more jobs will be created and there will be further growth in the economy which is very much needed.

President Obama will be taking his proposals to congress soon. It is time for entrepreneurs to get their business plans ready so when these proposals get passed, you will be ready to go get your loan from the bank!

To read more about this, go to: http://online.wsj.com/article/SB10001424052748704829704575048831381286258.html?mod=googlenews_wsj

About Us

PPM.net is the leading U.S. entrepreneurial firms that specialize in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM.net have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, New York’s private placement leaders.

PPM’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.