Small Business Administration

SBA Automatically Defers Existing Disaster Loans To Help Borrowers
SBA Automatically Defers Existing Disaster Loans To Help Borrowers
March 23, 2020  |  Coronavirus

To assist borrowers who are paying back U.S. Small Business Administration loans from past disasters, SBA Administrator Jovita Carranza has put into place automatic deferment...

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Widening Borrower Protection’s Scope To SMBs
Widening Borrower Protection’s Scope To SMBs
January 29, 2020  |  B2B Payments

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include...

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SBA Loans To Failing Subway Franchisees Under Scrutiny
SBA Loans To Failing Subway Franchisees Under Scrutiny
May 28, 2019  |  B2B Payments

A U.S. senator has sent a letter to the Small Business Administration (SBA) questioning the agency’s backing of loans to struggling franchisees of Subway and...

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US Government Policy On SMB Lending In Flux
US Government Policy On SMB Lending In Flux
April 09, 2019  |  B2B Payments

U.S. President Donald Trump announced over the weekend that U.S. Treasurer Jovita Carranza is his pick to lead the Small Business Administration (SBA), after its...

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Trump Announces Pick For New Small Business Administration Chief
Trump Announces Pick For New Small Business Administration Chief
April 08, 2019  |  B2B Payments

President Donald Trump has announced that he will nominate U.S. Treasurer Jovita Carranza to be the next chief of the Small Business Administration (SBA). “Jovita...

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Small Business Administration Headed For Leadership Change
Small Business Administration Headed For Leadership Change
April 01, 2019  |  B2B Payments

President Donald Trump’s chosen head for the Small Business Administration (SBA) will leave the post and focus on helping Trump’s re-election efforts. Reports in The Associated Press...

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Patriot National Hits Regulatory Snag In SBA Platform Plans
Patriot National Hits Regulatory Snag In SBA Platform Plans
March 15, 2019  |  B2B Payments

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on...

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Reliant Funding Launches SBA Loan Service Amid Government Shutdown
Reliant Funding Launches SBA Loan Service Amid Government Shutdown
January 09, 2019  |  B2B Payments

Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait for loan funds...

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SBA Taps Accountancy Group To Fight SMB Red Tape
SBA Taps Accountancy Group To Fight SMB Red Tape
June 26, 2018  |  B2B Payments

The U.S. Small Business Administration (SBA) is launching a new initiative to help small firms struggling with regulatory issues and is enlisting the help of...

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