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)

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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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