# The Biden administration is giving entrepreneurs a chance at loans up to $5 million to help launch and grow businesses

- Link: https://www.widthness.com/the-biden-administration-is-giving-entrepreneurs-a-chance-at-loans-up-to-5-million-to-help-launch-and-grow-businesses/
- Published: 2023-08-05T09:45:12-05:00
- Author: Curated by Theresa Wysocki

Image caption: New moves by the SBA could make it easier for entrepreneurs to get loans. Image credit: Klaus Vedfelt / Getty Images. Article by Noah Sheidlower. Insider – August 1, 2023. The Small Business Administration announced new efforts to assist entrepreneurs in getting loans. This includes simplifying loan requirements and expanding nonbank lenders that can issue SBA loans. These efforts are meant to close capital-access gaps for minority and rural small-business owners. […] Click here to view original web page at www.businessinsider.com