41 Quotes by Karen Mills
Karen Mills Quotes By Tag
- Author Karen Mills
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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.
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Small businesses, you can give them capital, but what they often need as much is mentoring, advice and help with their business plan.
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It's not government that creates jobs; it's small business. Our job is to make sure they have the access to capital, the access to contracting opportunities, and the help, advice and mentoring that they need to go out and be successful.
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Small businesses want things streamlined, and one of the great successes we're having is less paperwork, faster turnaround times.
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We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or increased levels of oversight and risk management.
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As you probably know, half of the people who work in this country work for small businesses. And it's more than that, because two out of every three net new jobs come from small business. So we mean it when we talk about small business being the engine for the economy.
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We are not going to be the agency where large businesses can masquerade as a small business and get a contract. We are closing down on fraud, waste and abuse.
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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.
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We don't want to give a business that is not going to come through the troubled waters a loan that they can't pay back.
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