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Developing a Mentor-Protégé Program for Fintech SBLC Lenders - Federation of American Scientists

To increase lending to low- and moderate-income communities while protecting the 7(a) Loan Program, SBA should establish a mentor-protégé program and conditional certification regime for innovative financial technology companies.

United statesIanp moloneyOffice of capital accessUnity national bankLoan programSmall business lending companyBiden administrationCommunity development financial institutionsPaycheck protection programOffice of credit risk managementCommunity advantageCommunity development financial institutionLending programLending clubCommunity lending planAccion opportunity fund

Ranking Member Ernst Delivers on Childcare, Veteran Support, and Accountability at the SBA

U.S. Senator Joni Ernst (R-Iowa) ushered long-fought efforts through the Senate Small Business Committee to improve access to childcare, support veter

United statesJoni ernstr iowaSmall business administrationSenate small business committeeSmall business lending companyOffice of credit risk managementDepartment of defenseCommunity advantage loan programJoni ernstRanking memberMember ernstSmall business child care investment actVeteran entrepreneurship training actCommunity advantage loan program actRisk management

Serious Concerns Raised Over SBA 7a Lending Program Changes

Lawmakers voice concern over SBA's 7(a) Loan Program changes in a recent hearing, highlighting potential risks to taxpayers.

Committee on small businessLending program partSmall business administrationLoan programOffice of credit risk managementSmall business lending companySmall businessMore riskChairman roger williamsRisk management

Coronavirus Roundup: Researchers Allege COVID Vaccination Data Woes

There’s a lot to keep track of. Here’s a list of this week’s news updates and stories you may have missed.

White houseDistrict of columbiaUnited statesJohn kirbyAshish jhaSmall business administrationWashington postKaiser family foundationHarvard universityWuhan institute of virologyRutgers universityCenters for diseaseOffice of credit risk managementNortheastern universityNorthwestern universityDisease control

Lawmakers question SBA s plan to open up 7(a) program to nonbanks

The agency's blueprint calls for giving lenders added underwriting flexibility, as well as upping the number of for-profit nondepository small-business lending companies, which has been capped at 14 since the early 1980s

United statesChristina carrJoni ernstIsabella casillas guzmanBen cardinNational credit union administrationBiden harris administrationSenate small business committeeFederal reserveOffice of credit risk managementSmall business committeeA small business administrationDeposit insurance corpPaycheck protection programOffice of the comptrollerCommunity advantage

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