Small biz loan programs webinar set for Oct. 16

The NCUA and Small Business Administration (SBA) will hold a webinar Oct. 16 to share benefits of credit unions participating in various SBA loan programs. NAFCU works closely with the SBA to expand access to credit union small-dollar loans to small businesses across the nation.

NAFCU and the SBA recently signed a new Strategic Alliance Memorandum (SAM) to strengthen their partnership. The association’s newest edition of The NAFCU Journal also includes a feature on SBA loan programs and how credit unions have seen success by participating in them.

At NAFCU’s Congressional Caucus earlier this month, SBA Regional Administrator for the Mid-Atlantic Region Michelle Christian gave an update on NAFCU’s partnership with the agency to increase the number of credit unions offering certain SBA loans. She also shared how the Trump administration is working to increase small business lending.


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