Better Management Of Collateral Can Reduce Losses In Sba's Major Loan Program V. CED-81-123

About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

table,div,span,font,p{display:none}Please click here if you are not redirected within a few seconds.

CED-81-123 1 (1981-07-17)

handle is hein.gao/gaobabcet0001 and id is 1 raw text is:

BY THE US, GENERAL ACCOUNTING OFFICE

Report To The Administrator

Small Business Administration

Better Management Of Collateral

Can Reduce Losses In SBA'S

Major Loan Program

In recent years, the Small Business Adminis-
tration's 7(a) program, the agency's principal
business loan program, has experienced in-
creasing loan losses. As of April 1981, 14.4
percent ($1.3 billion) of the outstanding 7(a)
loans were delinquent or in liquidation. SBA
could reduce its losses on defaulted loans by 115846
adhering to procedures which provide a sound
basis for managing collateral.

, D S 7,

0 0
CED-81-123
JULY 17, 1981