the feds are discussing expanding teh 7(a) loans for small business.
This is very dangerous, because throwing credit to drowning men is
attractive but as the owner, you are personally liable for this,
Not correct. A small business can be incorporated. By doing this, it limits the losses to the value of the business. It is actually a good idea for a small business to incorporate, and many do. It limits any losses, particularly when starting up a business. It also limits the amount of damages that may occur against the owner in a lawsuit (ie slip-and-fall)
