Although loans backed by the Small Business Administration are still in play, South Florida operators remain uncertain about long-standing programs that help them fund growth and recover from natural disasters.
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Amid President Donald Trump’s scorching review of federal agencies, the Small Business Administration. a key partner in the success of Florida entrepreneurs, is still providing loan guarantees and disaster relief to those who qualify, according to bankers and businessmen who interact with the agency.
But uncertainties generated by Trump’s sweeping campaign to ferret out fraud and waste in Washington has shaken a business world that prefers certainty over doubt, and clarity over uncharted change. Although lenders and their small business clients hope that disruption will be kept to a minimum, some concede an uneasiness in how the process will impact future operations.
