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Combined News Letter Vol 32 Sept Oct Year to SBA Home Page Archive Sba  Form

Combined News Letter Vol 32 Sept Oct Year to SBA Home Page Archive Sba Form

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[Music] this is small business news with shyenne Malone exclusively on [Music] asn.1 with today's top stories thanks Cheyenne the Biden Administration has awarded a record-breaking $3 billion in small business loans to Latino entrepreneurs in fiscal year 2023 small business administration Chief Isabelle Guzman noted the amount represented an 80% increase from 2020 and attributed the country's small business boom to the quote entrepreneurial Drive spirit and resilience of the Latino Community the loans come during a time of credit tightening for many US entrepreneurs especially among underrepresented communities loans to Latino small business owners now comprise over 12% of all SBA Loans Investment Bank Goldman Sachs is pressuring the government to abandon a rule it says could tighten access to Capital among small business owners ing to an exclusive report by axios the policy in question would change the way risk weighted assets are calculated and require lending institu

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