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.

WCP, created to complement SBA’s 7(a) and 504 loan offerings, supports both asset-based and transaction-based financing ...

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 ...

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 ...

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 ...

Business equipment loans typically use your purchase as collateral and might come with longer repayment terms and lower ...

Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.

The Small Business Administration is cutting off lending to any business with any amount of non-citizen ownership, excluding more than 5 million business owners from federal loans.