Washington, March 10 (IANS) The US Small Business Administration (SBA) has announced a new policy barring foreign nationals and non-citizens from accessing federally backed small business loans, saying the move is aimed at prioritising American entrepreneurs amid rising demand for capital.The policy expands earlier restrictions and will apply across multiple SBA-guaranteed lending programmes, including the agency’s Surety Bond and Microloan programmes. Under the updated rule, applicants must b…
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