- June 10, 2021
- Posted by: Stratford Team
- Category: Business
The face of entrepreneurship in America is becoming less white–and Isabel Guzman is well aware.
The Small Business Administration boss–barely three months on the job–is eager to overhaul the federal agency’s programs to make them more equitable and effective for all small businesses–particularly those that need the most help.
“Everything’s on the table,” Guzman tells Inc. in a recent one-on-one interview. “For our economy to recover,” she adds, “we have to transform our programs and services to really meet these businesses where they are at.”
The pandemic, she says, laid bare key fissures in its small-business resource and financing continuum, which, in a typical year, supports a portfolio of $40 billion in loans but jumped to more than $1 trillion in loans and grants since the onset of the pandemic.
Here are three changes to the SBA you’re likely to see while Guzman leads the agency.
1. The lending pool could deepen.
The number of approved SBA…
