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Federal Government to Streamline Key SBA Loan Requirements
Forbes: The federal government is streamlining some requirements banks use to grant small loans backed by the Small Business Administration, in a move intended to help more blacks and other minorities borrow funds for business ventures.
Loans backed by the SBA are a crucial source of financing for many entrepreneurs, who can generally borrow as much as $5 million to start, buy or expand a business through the agency's two biggest programs....
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