The NCUA and the U.S. Small Business Administration announced a joint partnership to help small businesses and credit unions connect for better access to capital and to boost awareness of SBA programs.
"This is a tremendous opportunity for credit unions and small business owners," NCUA Board Chairman Debbie Matz said. "SBA-guaranteed loans made by credit unions provide needed capital for existing small businesses and start-ups that might have difficulty obtaining loans from other institutions."
Matz said SBA loans rank among credit unions' safest loans.
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