5 ways these evolving SBA policies empower business owners

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Owners seeking to expand their businesses and entrepreneurs considering new ventures are increasingly turning to the Small Business Administration (SBA) to make their visions a reality — and are finding it easier to do so.

In fact, since 2021, there have been 17 million new business applications, and the monthly average is 45% higher than the average of the prior four years, according to the SBA.

October 2023 SBA policy changes that simplified loan processes, loosened lending restrictions and…

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BOK Financial

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