Asset accounts that reflect such outlays are loans and receivables (net of General Loan Loss Provisions), unquoted debt securities classified as loans, and other resources.
Prosper, Zopa, and Lending Club (which is under regulatory scrutiny) already offer general P2P loans, but GreenNote is more like Fynanz or China's QiFang, in that it is focussed only on student loans.
The subsidy for 2013 provides for $16 billion in general business loans, down from $17.5 billion this year.
People have very positive views of mortgage rates and of interest rates in general on loans.
But agency-backed general business loans are down both for 2010 and 2011, and the Obama administration is calling for significant cuts to S.B.A. operations and grants to pay for the loans the agency will make.
In general, the loans, at least for now, are less attractive to some homeowners because of the decline in home equity as a result of the housing crisis, as well as a regulatory change that lowered the maximum payout that most reverse-mortgage borrowers could receive.
Shortly thereafter he decided to inject capital into a wider range of financial firms, in an effort to loosen the markets for general consumer loans.
But the S.B.A.'s general business loan, or 7(a), program is caught between two opposing pressures.
In general, the loan-to-value restrictions are "pretty onerous," requiring 20 to 30 percent down, said Mark Yecies, an owner of SunQuest Funding in Cranford, N.J.
Investors have been bracing for troubles in the subprime sector where borrowers with weak credit are defaulting in increasing amounts to spill over into the more general home loan market, but so far the damage has been limited, analysts say.
