The Small Business Administration is streamlining the origination process for loans of $350,000 or less by eliminating the requirement for cash-flow and debt-service coverage analysis. The change comes amid reports that the share of SBA loans made to black business owners fell to 2.3% in fiscal 2013. Administrator Maria Contreras-Sweet said the changes are meant to "incentivize banks to do more small-dollar loans in order to get more loans into the hands of traditionally underserved entrepreneurs."

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