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A new SBA rule restricts access to federal loans and generates uncertainty among Latino entrepreneurs in the US; the change could impact thousands of businesses.
https://www.lanacion.com.ar/estados-unidos/migraciones/la-sba-deja-fuera-a-titulares-de-green-card-migrantes-duenos-de-negocios-pierden-acceso-a-prestamos-nid21042026/

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La Nacion - by layer3.news · 23w

nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfdj9uwmshmhdmgkphnt7wqv5qcfzytezr6rku3622yglzsux6xyqr88qvr ✍️ The US Small Business Administration (SBA) has implemented a change that affects migrant entrepreneurs, eliminating a source of funding for thousands of Latinos in the U...

👉 The SBA has updated its SOP 50 10 8 policy, eliminating a source of funding for thousands of Latinos in the US. 👉 Green card holders are no longer eligible for federal loans to support their businesses. 👉 The change has a significant impact on California, which has the largest immigrant p...