H.R. 915
Lets small business loans cover software costs
Allows Small Business Administration loans to pay for business software and cloud services, including tools that use artificial intelligence.
- Covers software for payroll, hiring, sales, billing and inventory
- Includes cloud computing services and artificial intelligence tools
- Loans come through the agency's main business loan program, which backs lender loans
- Aimed at small businesses that cannot get normal credit terms
Passed the House · Senate's turn