SBA Seeks to Boost Small-Dollar Loans With New Push

By Catherine Clifford | May 22, 2012

Opinions expressed by Entrepreneur contributors are their own.

The U.S. Small Business Administration is looking to increase the number of small-dollar loans in underserved communities with its ‘More Doors, More Dollars’ push. Among its efforts is a strategy to reach out to faith-based organizations, microlenders and community-development financial institutions, opening its SBA programs to qualified lenders with counseling operations.

Look for more coverage of Small Business Week 2012.

Related: Small Business and the President’s Cabinet (Video)

Related: The SBA’s Karen G. Mills on the Small-Business Recovery (Video)

Related: SBA Chief Karen G. Mills on the Small-Business Lending Comeback (Video)

The U.S. Small Business Administration is looking to increase the number of small-dollar loans in underserved communities with its ‘More Doors, More Dollars’ push. Among its efforts is a strategy to reach out to faith-based organizations, microlenders and community-development financial institutions, opening its SBA programs to qualified lenders with counseling operations.

Look for more coverage of Small Business Week 2012.

Related: Small Business and the President’s Cabinet (Video)

Related: The SBA’s Karen G. Mills on the Small-Business Recovery (Video)

Related: SBA Chief Karen G. Mills on the Small-Business Lending Comeback (Video)

Catherine Clifford

Senior Entrepreneurship Writer at CNBC
Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

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