Bank lending to small businesses remains hampered as banks buckle under intense scrutiny from regulators to reduce risk on their balance sheets, meaning only businesses with high credit ratings and robust track records have a chance of getting a loan.

Having already tried multiple programs to tackle this problem, the U.S. government continues to propose solutions, such as the recently announced $30 billion allocation of relief funds for community banks. Thus far, most of the initiatives haven’t made a substantial impact, primarily because they fail to entice lenders to participate or they target too few business owners.

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