Mark Cuban: 'Banks are playing' games on loans, leaving small businesses 'out in the cold'

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Mark Cuban: 'Banks are playing' games on loans, leaving small businesses 'out in the cold'
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Mark Cuban, entrepreneur and owner of the Dallas Mavericks, speaks at the WSJTECH live conference in Laguna Beach, California, October 21, 2019.

said Monday the recently launched small business loan program has been beset by challenges that could impact the long-term outlook for companies.

"Banks are playing themselves. They're being banks and they're trying to determine if the credits are good and that's leading to a lot of small businesses that are left out in the cold," Cuban said on "Cuban, owner of the NBA's , said the companies he's invested as part of "Shark Tank" have faced challenges in applying for the loans.

He's been particularly outspoken during the coronavirus pandemic. He has put pressure on Washington lawmakers to

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