We see entrepreneurship and small businesses and supply chains as a critical part of the economic growth and competitiveness agenda. Karen Mills agendumbusinesschain Change image and share on social
We were able in the Recovery Act to get a program where we increased our loan guarantees to 90 percent. Because we had that program, a bank wouldn't have to take that much risk. Karen Mills actbankguarantee Change image and share on social
This is not a zero-sum game. We know that if we provide access and education, particularly where there are gaps in the market, we will create more jobs, we will create more growth, and we will create more activity in the U.S. market, which will be good for our economy. Karen Mills accessactivitycreate share on social
Small businesses have told us that having cash in their pocket is one of the primary things that they need. Karen Mills businesscashpocket Change image and share on social
The 2009 stimulus law got the ball rolling, allowing the agency to reduce and eliminate fees and raise loan guarantees to 90 percent of the total. I knew that we had the opportunity to use S.B.A. products to fill that gap in a rapid manner, as we ended up doing in the Recovery Act. Karen Mills actagencyallow share on social
I grew up in a family business... that really has provided the core of my belief in American small business, and in America's ability to grow and operate important businesses that can compete and be successful. Karen Mills abilityamericaamerican share on social
This has always been a small agency with a big mission. But these days, especially, we have to stand up every day, deliver value into the hands of small-business owners and get taxpayers the biggest bang for their buck so that we can help these job creators do what they need to do. Karen Mills agencybangbig share on social
The S.B.A. does not lend directly to businesses, but instead backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio. Karen Mills backbankbillion Change image and share on social
As I've traveled around the country, it has surprised me how many times I've heard people in small businesses use that word 'saved.' I believe many small businesses would not have had access to credit and would not have survived without the $50 billion that we were able to put into the market. Karen Mills accessbillionbusiness share on social
I recently had the opportunity to participate in Inc.'s first-ever 'Hire Power Awards' event in Washington, D.C. The event was a testament to the power of American entrepreneurship and the role that it plays in driving job creation and innovation in a wide array of industries. Karen Mills americanarrayaward share on social