The move would bar small businesses with any amount of ownership from green card holders from applying for the agency’s most popular small business loan program.

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

The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, ...

SBA loans are backed by the Small Business Administration, which guarantees up to 85% of loan amounts, reducing risk for lenders. There are three main SBA loan types: 7(a), 504 and microloans. Basic ...

Securing funds to get a small business started or keep a floundering small business afloat can be a challenge if you turn to traditional lenders — especially if you don’t have a stellar credit report.