EXCEL Act Offering Capital to Small Businesses May Not Be Dead Yet

Remember the EXCEL Act? Not many people do. The acronym stands for Expanding Access to Capital for Entrepreneurial Leaders. The bill was first introduced in 2012. It was supposed to increase the amount of capital available to small businesses through a program regulated by the Small Business Administration. Most recently re-introduced to the Senate in September 2013, it is still awaiting a debate on the floor and a vote.