New rules aim to expand funding access for small-businesses by adding nonbank SBA lenders, updating lending criteria, and more data. Here’s what it all means.
As of Aug. 1, 2023, updates to the SBA s rules will allow for new, nonbank lenders to offer SBA 7(a) loans, as well as update restrictive lending criteria.
New lending regulations to affect small businesses journalrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalrecord.com Daily Mail and Mail on Sunday newspapers.
What new lending regulations mean for small business owners djournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from djournal.com Daily Mail and Mail on Sunday newspapers.
The U.S. Small Business Administration and Consumer Financial Protection Bureau each issued new rules earlier this year that aim to expand funding access for small-business owners, especially those in underserved