AGP Executive Report
Last update: 10 hours agoSmall-Business Lending: The U.S. SBA has unveiled its iCAP platform to speed delivery of 7(a) loans, a potential boost for firms seeking financing. Credit Trends: Indian lending to micro, small and medium businesses rose 25% year over year in October, as overall credit growth reached 21%. Tax Risk: Australia’s proposed 30% minimum tax on discretionary trusts would start in 2028; Treasury says about 40% of revenue from business trusts would come from firms earning under $1 million a year. Business Climate: The UK lost 104,000 businesses, with microbusinesses and sole traders driving the decline. Veteran Entrepreneurs: PeopleFund’s accelerator offers military veterans and spouses training and access to capital; its first cohort received more than $3.2 million in loans and $150,000 in grants.
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