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flag A 2026 SBA rule blocks non-citizens from federal loans, raising startup costs for immigrant entrepreneurs.

flag A new Small Business Administration policy restricting SBA loans to non-citizens, including legal immigrants and permanent residents, is making it harder for them to start businesses. flag The rule, effective in early 2026, limits access to federal loan programs, increasing startup costs and forcing entrepreneurs to seek more expensive alternatives. flag Legal immigrant Cristina Foanene shared her struggles securing funding under the new rules. flag While the SBA says the policy aligns with federal priorities, advocates warn it undermines immigrant contributions to the economy and may discourage entrepreneurship. flag The full impact remains under evaluation.

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