Financial industry groups have joined small business advocates to urge Congress and the Trump administration to reconsider proposed budget figures for 2020 that could jeopardize the future of the Small Business Administration’s (SBA) 7(a) business lending program.
The Small Business Access to Capital Coalition called upon congressional leaders to address a potential funding gap that could cause the program to shut down Oct. 1 without intervention.
Learn more about the situation and what needs to be done to prevent a shutdown.