The Small Business Administration could conserve its scarce funds by eliminating government guarantees on seasoned loans and restricting credit to repeat borrowers, according to a report released Wednesday.

Under these proposals, the SBA would drop the 7(a) guarantee from insured loans after a set number of years, although it did not indicate a time frame.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.