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WASHINGTON – U.S. Senator Ben Cardin (D-Md.), Chair of the Senate Committee on Small Business and Entrepreneurship, today responded to the Small Business Administration’s finalized rules making changes to its lending programs. These rules lift the moratorium on licensing new Small Business Lending Companies, create a new SBLC license designation for non-profit organizations with a focus on lending to underserved communities, and make changes to the affiliation and lending criteria for SBA Business Loan Programs.   “The Small Business Administration understands the importance of access to capital for our underserved entrepreneurs. It’s also a priority of ours at the Small Business and Entrepreneurship Committee, which is why I appreciate SBA’s willingness to focus on this issue,” said Chair Cardin. “While I have concerns with some of these changes, I know we have a shared commitment to filling gaps in capital markets fo

United statesSmall business administrationSenate committee on small businessEntrepreneurship committeeSmall business lending companiesBen cardinSenate committeeSmall businessAdministrator guzman977 the bayLassic rock maryland