Biden-Harris Administration Takes Historic Step in Expanding Access to Capital and Filling Lending Gaps in Underserved Communities
… . “Persistent barriers to capital, especially smalldollar loans, still pose a challenge to many of the entrepreneurs … government guarantees when underwriting small business loans to reduce the level of risk to the lender and cost to … a result, SBLCs are positioned to write higher volumes of loans to small businesses than possible without a government …