Biden-Harris Administration Takes Historic Step in Expanding Access to Capital and Filling Lending Gaps in Underserved Communities
… announcement builds on the SBA’s modernization of its loan programs , helping promote more small business lending … lending is loans under $150,000, and with an average loan size of $153,700 – well below the average SBA 7(a) loan size of $480,000 – Funding Circle will be able to deepen …