Territorial SBA Loan Guaranty Adjustment Act of 2026

Key Points

• Congress is considering a plan to help small businesses in U.S. territories get loans more easily by having the government back a larger portion of the debt.
• The Small Business Administration would guarantee 90% of the value of most loans made to businesses in these territories, which reduces the financial risk for local banks and lenders.
• By covering more of the loan, the government aims to encourage banks to lend money to entrepreneurs in areas where it might otherwise be difficult to get traditional financing.
• This 90% guarantee would apply to most standard small business loans, though it excludes some specialized programs like international trade loans or certain express loan types.
• The goal of this change is to boost economic growth and job creation in U.S. territories by making sure local business owners have the cash they need to start or grow their companies.

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