SBA's proposed lending rule changes meant to attract borrowers

03/15/2013 | New York Times (tiered subscription model), The

The Small Business Administration proposed changes to its lending rules recently in an effort to attract more small business borrowers and improve access to government-guaranteed loan programs. The proposed changes would expand SBA's reach, allow the agency to offer loans to businesses once deemed ineligible and, if successful, could help the SBA reach its legal lending limit.

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New York Times (tiered subscription model), The

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