SBA issues a final rule modernizing the SBIC program, reducing regulatory burdens and expanding private investment in critical industries.

On August 22, 2025, the Small Business Administration (SBA) issued a proposed rule to increase its monetary based small business size standards for 263 industries (259 receipts-based and four ...

Do you have clients that are classified as small businesses? Small business classifications are determined by the SBA under what are called “North American Industry Classification System (NAICS) codes ...

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The future of SBA lending will depend on the systems that keep capital flowing through the economy. Securitization, when ...