It remains to be seen if those types of people are going to be around if the economy turns. However, inquiries by lenders considering getting into the business are hardly a phenomenon unique to 1999, according to both Cox and Ballou. The small-business market, it s probably the largest and most diverse market there is. And small businesses want more options. As a result, he said, they want financial solutions rather than just one product.
Nobody knows right now.
So I m concerned about a shortfall. He also said he is concerned about SBA staffing. While the SBA is saying the cut won t require layoffs, Ballou said the impact remains to be felt. I think it s going to be a great year. Every year has its challenges.