Veteran-owned small businesses face more financing challenges compared with nonveterans. “Financing Their Future: Veteran Entrepreneurs and Capital Access” was created by the Federal Reserve Bank of New York and the U.S. Small Business Administration. Among the report’s findings: Despite similar demand for financing, veteran-owned small business applicants were more likely than non-veteran-owned small business applicants to experience “financing shortfalls,” where they received less than the amount of credit they sought….

The U.S. Small Business Administration Kansas City District Office saw increases in small business lending in the fiscal year that ended Sept. 30. The SBA Kansas City District Office oversaw $363 million in SBA loans for fiscal year 2018, a 10 percent increase in lending over the previous year. U.S. Bank made 69 SBA loans, more than any other lender. OakStar Bank loaned the greatest dollar volume at $38 million….