home about categories posts news
discussions archive recommendations faq contacts

Expansion of Community Advantage Lending Program to Support Small Businesses

January 17, 2025 - 05:05

Expansion of Community Advantage Lending Program to Support Small Businesses

In a significant move to bolster funding for small businesses across the nation, the U.S. Small Business Administration (SBA) has announced new additions to its Community Advantage Small Business Lending Company (CA SBLC) program. This initiative aims to enhance the lending network available to small enterprises, particularly those located in rural areas and underserved communities.

Administrator Isabel Casillas Guzman emphasized the importance of these additions, stating that they will provide essential financial resources to help small businesses thrive. With over 34 million small businesses in the U.S., the SBA is committed to ensuring that these enterprises have access to the capital they need to grow and succeed.

The inclusion of more nonprofit organizations into the CA SBLC program is expected to increase the availability of funding options for small business owners, making it easier for them to secure loans and expand their operations. This initiative represents a proactive approach to fostering economic growth and stability in local communities, ultimately benefiting the overall economy.


MORE NEWS

Business Owners Express Worries About Trump's Expanded Tariffs

April 3, 2025 - 02:54

Business Owners Express Worries About Trump's Expanded Tariffs

On Wednesday, President Donald Trump announced a significant expansion of tariffs affecting a wide range of imports. While previous tariffs primarily focused on goods from China, Canada, and Mexico...

Celebrating 40 Years of Accessibility at Apple: A Personal Journey

April 2, 2025 - 17:37

Celebrating 40 Years of Accessibility at Apple: A Personal Journey

A former Apple brand ambassador reflects on the profound impact of Apple’s commitment to accessibility over the past four decades. This dedication to inclusive design and assistive technology has...

Allstate Finalizes Sale of Employer Voluntary Benefits Division

April 2, 2025 - 11:54

Allstate Finalizes Sale of Employer Voluntary Benefits Division

US primary insurer Allstate has successfully completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. This strategic move aligns with Allstate`s ongoing...

Texans Recognized with Prestigious Diversity in Business Award

April 2, 2025 - 04:18

Texans Recognized with Prestigious Diversity in Business Award

In a significant recognition of their commitment to diversity and inclusion, the Texans have been awarded the 2025 Diversity in Business Award by the Houston Business Journal. This accolade...

read all news
home categories posts about news

Copyright © 2025 Corpyra.com

Founded by: Remington McClain

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy