Banker groups are telling new SBA Administrator Kelly Loeffler higher fees and tighter underwriting standards are needed to strengthen the agency's 7(a) loan guarantee program. Advocates for lenders ...
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A series of lending reforms was carried out under the Biden administration, which included reducing upfront guaranty fees and annual service fees paid by lenders. Usually, borrowers shoulder the ...
A $2.2 billion preferred SBA lender offers no-fee SBA 7(a) business loans, SBA 504 expertise, and exclusive promotions for small businesses We are excited to bring back our no-fee SBA 7(a) loans and ...