SBA shuts out non-U.S. citizens from its main lending program

Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
The Business Journal

SBA bars green card holders from business loan ownership starting March 1

A new Small Business Administration policy taking effect March 1 will bar businesses with any legal permanent resident ownership from receiving SBA-backed loans, reversing longstanding eligibility rul ...
CNBC

Businesses are finding a workaround for tariffs — and it's entirely legal

Businesses are finding a workaround to minimize the most significant hit from U.S. tariffs. The "first sale rule" is a concept in U.S. customs law that allows importers to use the lowest cost of a ...
Forbes

Immigration Rule On Work Authorization Expected To Disrupt Businesses

Forbes contributors publish independent expert analyses and insights. Stuart Anderson writes about immigration, business and globalization. A new immigration rule ending the automatic extension of ...
American Banker

Judge sides with CFPB in upholding small business rule

A federal magistrate judge has recommended upholding the Consumer Financial Protection Bureau's small business lending data collection rule, rejecting a challenge by merchant cash advance lenders.