On July 22, 2024, the SBA announced its new “Green Lender Initiative,” designed to enroll additional climate lenders in SBA’s loan programs. On August 9, 2024, the SBA’s Office of Capital Access (OCA) invited applications for new Small Business Lending Company (SBLC) licenses from September 2, 2024, to October 15, 2024, and shared the process by which interested entities may apply. (89 Fed. Reg. 65174, Aug. 9, 2024). SBA similarly invited applications for Community Advantage SBLCs (CA SBLCs) from September 2, 2024, to December 20, 2024. SBA will award up to three new SBLC licenses and an indefinite number of new CA SBLC licenses.