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Legislative Force
Since 1984, NAGGL has enjoyed success in government relations on
various levels. From a threatened dismantling of the SBA to its most
prosperous days, we have endeavored to take the appropriate actions to
keep the agency vital. NAGGL stands ready to take on whatever role
the circumstance demands.
Congressional Advocate
The House and Senate Small Business Committees play a key role in
forming legislation crucial to you, the SBA participant. NAGGL
melds the distinctive voices of its members into a cohesive whole, and
then passes the information along to the committees, helping them make
decisions to benefit 7(a) borrowers and lenders and keep the program
strong.
Testimonial Representative
When your bottom line can depend on a Congressional vote, you need
experienced lobbyists going to bat for you and your concerns. NAGGL
always has a place at the table at Congressional hearings, and is
committed to voicing its members’ needs and concerns in that
forum.
Subsidy Rate Champion
Since its beginnings, NAGGL has fought tirelessly to secure an
appropriate subsidy rate, which translates into higher guarantee
authority for the SBA, more available capital for small business
borrowers, and greater lending power for the 7(a) program participant.
In 2003, this included the implementation of a more realistic
econometric subsidy model, which allowed program fee cuts, and our
current fight to keep the Administration from pushing the program to a
zero subsidy rate in attempt to stop funding it.
Grassroots Coordinator
Points of crisis demand swift and prudent action. When such times occur
in the SBA lending industry, NAGGL shows its mettle in the quick
institution of effective grassroots campaigns. By encouraging program
participants and SBA loan recipients to meet and correspond with their
elected officials, NAGGL orchestrates a unified voice, communicating to
Washington the continued necessity of the 7(a) loan program.
Get Involved, contact >
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