As I sat down with Hill, I got the sense he was more than a financial planner. Judging from the various notes of deep appreciation and sincere thanks Hill receives regularly, Hill’s clients clearly see him as a real hero. One such Hill fan sent in a touching note of gratitude:
Click here to read more...WASHINGTON – Amid misgivings over his spending blueprint, President Barack Obama has decided to provide billions of dollars in federal lending aid aimed at struggling small business owners.
The broad package of measures to be announced Monday includes portions of the $730 million from the stimulus plan that will be used to immediately reduce small-business lending fees and increase the government guarantee on some Small Business Administration loans to 90 percent. The government also will take aggressive steps to boost bank liquidity with more than $10 billion aimed at unfreezing the secondary credit market, according to officials briefed on the plan who demanded anonymity to avoid pre-empting the president's announcement.
