CUNA Meets with SBA about Expanding CU Participation

SBA loans can be an important lending tool for credit unions, since the portions of the loan guaranteed by the SBA, usually from 50% to 90%, do not count against a credit union's member business lending cap. Although credit union SBA lending has increased by 50% over the past 2.5 years, many credit unions are still not taking advantage of this member business lending opportunity. [12/5/14]