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SBA Launches Loan Guarantee Program To Support U.S. Manufacturing Investment

Apr 03, 2026

The U.S. Small Business Administration announced a new “Made in America Loan Guarantee” to expand domestic manufacturing capacity by increasing access to capital.

The program uses the SBA’s International Trade Loan platform. It raises the federal loan guarantee to 90% from the usual 75% to motivate lenders to fund manufacturing investments. Eligible small manufacturers can use the funds to upgrade equipment, modernize facilities, expand, and reshore production.

The higher guarantee is meant to lower lender risk and make financing easier for manufacturers investing heavily in capital. This is especially important as borrowing costs remain high.

The announcement signals a policy shift toward rebuilding U.S. industrial capacity. There is now more focus on supply chain resilience, domestic production, and national security.

For manufacturers, the message is clear: access to capital is now central to the administration’s strategy. Programs like this help turn policy goals into real investments on the shop floor.

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Author
Amber Thomas
Vice President, Advocacy
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