USDA provides loan guarantees so that a somewhat risky loan can be - TopicsExpress

USDA provides loan guarantees so that a somewhat risky loan can be made to a business. Now they are proposing making guarantee available to business owners selling their business to employees. This could greatly facilitate transitions to employee ownership by addressing two key barriers: (1) friendly financing and (2) phased timing for buy-outs. We have until November 14 to comment. See notice from US Federation of Worker Cooperatives for more details.

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