American Composites Manufacturers Association Commends President Obama's Proposal to Increase Available Loans to Small Businesses.ARLINGTON Arlington, county, United States Arlington, county (1990 pop. 170,936), N Va., across the Potomac River from Washington, D.C. Arlington is a residential and commercial suburb of Washington. , Va. -- American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Composites Manufacturers Association (ACMA ACMA Australian Communications and Media Authority ACMA American Composites Manufacturers Association ACMA Academy of Country Music Awards ACMA American College of Mortgage Attorneys ACMA Associate of the Chartered Institute of Management Accountants ) President Monty (programming, abuse) monty - /mon'tee/ Any program with a ludicrously complex user interface that performs a trivial task. An example would be a menu-driven, button clicking, pulldown, pop-up windows program for listing directories. Felix Felix, Roman deacon, antipope (355–56). Emperor Constantius, an Arian, set him up to replace Liberius. He is wrongly known as Felix II. Felix lonely star-crossed fantasist, fights against fate in strange worlds. issued the following statement commending President Obama's announcement today that he was proposing new measures to help small businesses access credit and create jobs: "ACMA is pleased that President Obama is committed to putting new initiatives in place to improve the availability of credit for small businesses. The plan announced would allow eligible community banks and other financial institutions to receive new capital at a lower dividend rate, enabling them to increase their lending to and support of local businesses. This means a lot to the composites industry where the majority of manufacturers are small businesses that have been hard hit during the current economic recession." "The President's proposal to increase the size of Small Business Administration (SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government ) loans will allow small composites manufacturers to expand their businesses while retaining or creating jobs. Raising the loan size cap on 7(a) loans and 504 project loans will go a long way to ensuring these small businesses can expand as well as survive. By increasing the size of SBA microloans, the President's plan would encourage the development of many innovative new composites businesses." Mr. Felix, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alaglass Pools, St. Matthews, S.C., met recently with Commerce Secretary Locke to urge the Administration to expand SBA lending to distressed companies. In addition, ACMA has advocated measures such as these in a series of recent meetings with officials from the U.S. Department of Treasury, Department of Commerce and White House. "ACMA joins the Administration in urging that Congress pass legislation reforming the SBA loan program to expand access to capital for small businesses," Felix stated. With more than 850 member companies, the American Composites Manufacturers Association (ACMA) is the world's largest trade group representing the composites industry. For more information, call 703-525-0511, or email: Info@acmanet.org. Visit ACMA's website at www.ACMAnet.org |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion