Browsing: Small business lending

Newsbytes

Senate Small Business Committee leaders recently wrote to the U.S. Small Business Administration to express concern about SBA’s two proposals to lift the moratorium on the number of nondepository institutions that may make loans under SBA’s Section 7(a) program and to loosen underwriting standards for the program.

Newsbytes

The Small Business Administration is proposing to lift the moratorium on the number of nondepository institutions—called small business lending companies—that may make loans under SBA’s Section 7(a) program, and to create a new type of SBLC called mission-based SBLCs

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