Inc iconIncSep 24, 2026

SBA Loan Defaults Surged at 2 Nonbank Lenders. $1.3 Billion Entered Liquidation

A new report shows the Small Business Administration stopped non-bank lender exams just one week before lifting a nearly 40-year moratorium on admitting more of them into the program.

SBA Loan Defaults Surged at 2 Nonbank Lenders. $1.3 Billion Entered Liquidation

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A new report shows the Small Business Administration stopped non-bank lender exams just one week before lifting a nearly 40-year moratorium on admitting more of them into the program.

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A new report shows the Small Business Administration stopped non-bank lender exams just one week before lifting a nearly 40-year moratorium on admitting more of them into the program.

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