Main Street Employee Ownership Act: How are the New SBA ESOP Loan Rules Working?
The Main Street Employee Ownership Act of 2018 was intended to make it easier for companies wanting to use an ESOP for a business transition loan to get SBA financing through the SBA’s preferred lender program (the “7(a) program” that allows qualifying banks to make SBA guaranteed loans)
Join or log in to access this content and much more
NCEO membership connects you with the employee ownership community and provides practical resources that empower you to make informed decisions about employee ownership.