The move would bar small businesses with any amount of ownership from green card holders from applying for the agency’s most popular small business loan program.
The policy, which goes into effect March 1, requires 100% of direct and indirect owners of loan applicants to be U.S. citizens or U.S. nationals residing stateside or within U.S. territories.
The Small Business Administration said in a policy note that green card holders won't be allowed to apply for SBA loans, ...
The Small Business Administration will now block all non-U.S. citizens or nationals from the agency's primary 7(a) loan ...
Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
A new Small Business Administration policy taking effect March 1 will bar businesses with any legal permanent resident ownership from receiving SBA-backed loans, reversing longstanding eligibility rul ...
Key Takeaways The Trump Administration is barring businesses with any amount of non-citizen ownership from receiving federal ...
From March 2026, businesses with legal permanent residents as owners will no longer qualify for SBA loans under tightened ...
Low‑interest lending options are often suited for established businesses and include SBA, bank, credit union and online ...
Recent SBA loan changes usher in a return to stricter underwriting and a more rigorous application process. Many, or all, of the products featured on this page are from our advertising partners who ...
SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get ...