Biden-Harris Administration Announces New Development and Improvements on Loan Program Modernization to Expand Access to Capital for Small Businesses
… f ollowing the recent finalization of two new rules aimed at closing gaps in capital access for America’s small … 10.5 million new business applications in 2021 and 2022. At the same time, SBA recognizes that small businesses, … Procedure (SOP ). Under the new rules, SBA lenders will now be able to use their existing credit policies for …