BizSugar.com › News › Streamlined And Simplified: The New SBA

Our goal at the SBA, and across the Administration, is making sure that businesses have the tools they need to start, build and grow their operations. Over the last three years, SBA stepped up in a difficult commercial lending environment to support more than $93 billion in lending to over 170,000 small businesses, however, we know gaps and challenges remain. Small-dollar loans in underserved communities are still not back to the levels we need them to be.

To address this, we’ve focused on what we call a More Doors, More Dollars approach. This allows us to open up product lines to qualified community development financial institutions and we are streamlining and simplifying existing loan processes to increase small loan volume.