White House Reiterates Support for Lifting the SBLC Moratorium

| By:

white houseNow that the opportunity to comment on the SBA’s proposal to lift the moratorium on new SBLCs has passed, the Biden administration has reiterated its support for the initiative. It convened a roundtable with leaders across the small business space on Tuesday “to discuss its commitment to ensuring small businesses have the access to the capital, technical assistance, and support they need to thrive.”

The administration said that if the moratorium is lifted, the “SBA would plan to add three licenses in the initial extension” and that “it would open a path for the Community Advantage program to become permanent.”

The SBA received 169 official comments on the proposal, some in support and some against.

Last modified: January 26, 2023

Category: Business Lending, Regulation

Home Business Lending, Regulation › White House Reiterates Support for Lifting the SBLC Moratorium

    SOS Capital


    Smart Business Funding

    Total Merchant Resources

    Fresh Funding

    AMA Recovery

    Unique Funding Solutions

    Amerifi Capital

    Highland Hill Capital


    Main Street Finance Group

    Symplifi Capital

    Global Funding Experts

    Pearl Capital

    Balboa Capital



    Hunter Caroline

    Fenix Capital Funding


    South End Capital

    Accord Business Funding

    Dedicated Financial GBC

    Fox Business Funding

    Meridian Leads

    The Smarter Merchant

    Legend Funding