WASHINGTON — United States Senate Committee on Small Business and Entrepreneurship chair Mary Landrieu, D-La., and Ranking Member Olympia Snowe, R-Maine, have introduced legislation designed to increase access to capital for small businesses and help create jobs.
S. 2869, the “Small Business Job Creation and Access to Capital Act of 2009,” would increase the small-business loan limit to as high as $5.5 million and extend for a year the elimination of fees and increased guarantees set to expire under the Recovery Act.