Co-op Weekly – House passes bill to amend lending landscape for worker co-ops

Jay OwenReforming Global Finance

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Broader access to SBA loans makes the conversion of privately-held businesses to worker-owned cooperatives a more viable option.House passes bill to amend lending landscape for worker co-ops The U.S. House of Representatives yesterday passed a bipartisan bill set to curb barriers facing America’s small businesses and increase access to financing for a new crop of employee-owned businesses and worker cooperatives.

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