Updated: Jul 11
Did you know the SBA just completely changed its fee structure?
For SBA 7(a) business loans </= $500,000 borrowers now pay no guaranty fee!
If you have never applied or were turned down for an SBA loan, now is the time to try!
Even guaranty fees for larger loans have been slashed!
...for a $1,000,000 SBA 7(a) business loan a borrower now only pays $7,875 vs. $24,525—a $16,650 savings!
Benefits of SBA-guaranteed loans
Competitive terms: SBA-guaranteed loans generally have rates and fees that are comparable to non-guaranteed loans.
Counseling and education: Some loans come with continued support to help you start and run your business.
Unique benefits: Lower down payments, flexible overhead requirements, and no collateral needed for some loans.
We're not sure how long this guaranty fee waiver will last so get started on your SBA 7(a) business loan today.
Questions? We are here to help!
Contact us to get all of your SBA Loan questions answered.