U.S. Small Business Administration Implements Rules to Address Persistent Capital Access Gaps
… criteria and underwriting standards to further incentivize a wider distribution network and small-dollar loans. Small … they needed. The number of lenders that originated SBA’s 7(a) loans under $50,000 and $150,000 decreased by over 40% … SBA is doing this by updating lending criteria for its 7(a) and 504 loan programs, including by: Allowing lenders to …