New Terms, No Deal - Issue #539 Tuesday, June 3rd 2025 12:00AM
The Focus
June brings a sharp reset for small business lending. The Trump administration's SBA is scrapping many Biden-era loan standards, enforcing stricter rules around foreign ownership, equity rollovers, and credit qualifications.
Supporters argue it's about protecting taxpayers and cutting risky deals. But in practice, many say it’s killing legitimate transactions.
With tighter restrictions and fewer paths to ownership, the shift raises a broader question: Are we making it harder for the next generation to take the reins?
Read the full story: Who Gets to Build? The Silent Revolution in Small Business Lending - FTW Sunday Editorial
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