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During a U.S. Small Business Administration-organized White House summit with big-name lenders, the SBA announced that in 2024, it would kick off a special federal advisory committee dedicated to small business lending. According to Inc., it will serve as a direct line for the SBA to collaborate with lending experts to improve existing programs and to address gaps in lending, focusing on small-dollar loans. The committee will include small business owner voices.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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