If you provide loans up to $250,000, why did my banker define Bay Area Small Business Finance as a “micro-lender”?

The term “microloan” has been diluted over the years and defined differently depending on the source. For example, international organizations that provide micro-loans range from $50 to $5,000. However, the SBA defines it as $50,000 and below. On the otherhand, banks define it as loans below $250,000 and in some instances, $500,000.

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