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I have a friend who was a convicted felon and has served his time. He has applied for a VA/SBA guaranteed loan to start a new business in Florida. He presented his business plan, has reestablished credit and has money to invest. The bank has hesitated to give him a loan because of his prior non-violent conviction. Can a bank discriminate in this manner? Is there any Federal or Florida statute (ADA or Civil Rights legislation, for example) that prohibits banks from discriminating in this manner. Thanks you for your response.

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