Recent changes in the Small Business Administration's policies have affected lenders and borrowers alike. These changes aim to prevent fraud in programs like the Paycheck Protection Program and the Economic Injury Disaster Loan. However, the implementation of these changes have slowed down the application process and affected small businesses' access to capital. Are these changes necessary, or are they making the SBA loan-application process more burdensome for small business owners?
I expand on this topic in my 21 Hats column. To gain a deeper understanding, you can read the full article by following the link below.
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