5 ways these evolving SBA policies empower business owners
Sep 24, 2024
Owners seeking to expand their businesses and entrepreneurs considering new ventures are increasingly turning to the Small Business Administration (SBA) to make their visions a reality — and are finding it easier to do so.
In fact, since 2021, there have been 17 million new business applications, and the monthly average is 45% higher than the average of the prior four years, according to the SBA.
October 2023 SBA policy changes that simplified loan processes, loosened lending restrictions and…