Reform the SBA

Federal efforts to lift underserved and rural economies have largely failed says a coalition of business organizations. Read comments the coalition submitted to a Request for Information from the Interagency Community Investment Committee.

Business coalition criticizes fed agencies on capital access efforts in underserved communities - Reform the SBA For Immediate Release Contact: Frank Knapp 803-600-6874 [email protected] Business coalition criticizes fed agencies on capital access efforts in underserved communities December 13, 2022—Federal efforts to lift underserved and rural economies have largely failed says a coalition of business organi...

New Economic Justice Loans Set New Standards for Minority Business Lending

Former U.S. Comptroller of the Currency and current LISEP Chair Gene Ludwig and NACA CEO Bruce Marks today announced a groundbreaking lending program for minority-owned businesses. Economic Justice Loans will be a model for financial institutions, financial regulators, and the government to address economic inequality created by a long-term inability to access capital with favorable terms. This program will offer fixed, low-interest loans to people lacking wealth and high credit scores, and who have been subject to systematic racism.

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New Economic Justice Loans Set New Standard for Minority Business Lending /PRNewswire/ -- Former U.S. Comptroller of the Currency and current LISEP Chair Gene Ludwig and NACA CEO Bruce Marks today announced a groundbreaking lending...

Manchin Said No to Build Back Better. How That'll Ripple Through SBA-Backed Lending
Biden's social spending bill would have allowed the Small Business Administration to dive into direct lending. Here are two other options in its absence.

Manchin Said No to Build Back Better. How That'll Ripple Through SBA-Backed Lending Biden's social spending bill would have allowed the Small Business Administration to dive into direct lending. Here are two other options in its absence.