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.
1hon MSN
SBA Shuts Doors On Small Business Loans To Green Card Holders In Latest Anti-Immigration Move
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.
Nearly 10% of SBA loan portfolios face immediate disqualification as new rules mandate 100% U.S. citizenship. Starting March ...
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 ...
1don MSN
Green card holders won't get SBA loans in US from March 1: What this new rule means for Indians
The Small Business Administration announced that from March 1, they will not give loans to those businesses that are not owned by US citizens. Businesses owned by legal permanent residents, Green Card ...
WCP, created to complement SBA’s 7(a) and 504 loan offerings, supports both asset-based and transaction-based financing ...
The Small Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, effective March 1. The move is the latest by ...
Today, the U.S. Small Business Administration (SBA) announced a major milestone for its 7(a) Working Capital Pilot (WCP) Program, which has delivered more than $150 million in new lending since its ...
America's Small Business Administration (SBA) has revised a previously announced policy related non-US citizens' ownership.
America's Small Business Administration (SBA) has revised a previously announced policy related non-US citizens' ownership.
Green card holders will no longer be eligible for U.S. government-backed small business loans starting March 1. The U.S. Small Business Administration (SBA) is narrowing its citizenship and residency ...
Guidance for 2026 is now explicitly provided, with a midpoint EPS target of $2.35, compared to last quarter's lack of specific forward guidance due to uncertainties (such as the government shutdown).
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