President Trump’s nominee to head the Cabinet-level Small Business Administration, former pro-wrestling industry executive Linda McMahon, on Tuesday disavowed an earlier flirtation with a 2010 Obama administration proposal to merge that agency into the Commerce Department. The Administration and SBA continue to increase efforts and collaboration to provide more opportunities for small businesses to compete for and win federal contracts. Linda McMahon, the co-founder of the pro-wrestling enterprise World Wrestling Entertainment, was selected Wednesday by President-elect Donald Trump to head the Small Business Administration.
Restructuring most any given business loan with built-up equity should immediately reduce monthly payments and interest rates, as well as the opportunity to remodel, upgrade, and/or expand operations. Attaining a high volume of new and returning lenders from one fiscal year to the next will create a consistent pipeline of SBA loans into the hands of small business.
Her nomination reflects the incoming president’s penchant for …