Now that Barack Obama has been elected the 44th president of the United States, the analysis has begun: What will change and what will stay the same? For my one-person freelance writing home business, not much is going to change. I don’t make the $250,000 needed to initiate new taxes, and since I don’t have employees, I won’t be getting a very generous tax credit for insuring them.

But small business is a huge part of our economy, though, and I know that there will probably be some changes for many people. And of those things may be a small business rescue package Obama proposed in October, reports CNN Money:

Obama’s new plan calls for the SBA’s loan guarantee programs to
temporarily eliminate the fees they charge lenders, and for the agency
to increase the guarantees it offers to banks that lend to qualifying
small companies. Additionally, he wants the SBA to expand its facility
for directly lending money to small companies through its Disaster Loan
Program.

This plan has largely been glossed over, but it does look like, for some with small business concerns, there is a measure of relief to look forward to.