Due Diligence: Lenders Inquire about ACA 2015 Compliance

15 October, 2013 by RegionAdmin in Blog

Lenders are starting to ask a new due diligence question before financing small businesses: “To qualify for some loans, especially for growth capital, more companies are being required to provide assurances that they will be in compliance with the Affordable Care Act by 2015. The law will require businesses with 50 or more full-time employees to offer health insurance to their full-timers or face penalties.” WSJ October 15, 2013 “Health Law Stirs Up Lending” https://on.wsj.com/H0w7tv