Indices:
PRIME RATE: 3.25%
SBA LIBOR Base Rate May 2010 = 3.28%
SBA Fixed Base Rate May 2010 = 6.48%
The maximum rate a lender can charge for a 7(a) loan is one of the above indices plus 2.75%
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About Me
- Jim Ely the sbapro
- Jim Ely has been doing SBA loans since 1984 when he began working at Stultz Financial.
Index to what's here
- Current rates (125)
- SBA loan basics for borrowers (13)
- SBA weekly lending update (124)
- self-storage (7)
- tip of the week (240)
Questions?
Loan Application
To apply for a SBA loan, you will need to provide:
1) Your personal financial statement
2) Your business and personal tax returns last three years
3) A current balance sheet and income statement for your business
That's enough to let you know if you are pre-qualified for a SBA loan.
1) Your personal financial statement
2) Your business and personal tax returns last three years
3) A current balance sheet and income statement for your business
That's enough to let you know if you are pre-qualified for a SBA loan.
We are paid by the lender!
Blog Archive
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2010
(140)
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May
(12)
- SBA Reactivates Recovery Loan Queue as Funding Is ...
- SBA 7(a) Weekly Lending Update
- SBA Rate Update
- FDIC Quarterly Banking Profile
- Bump in the Road for Commercial Real Estate Values
- The SBA and fugacious
- SBA Lending is the ONLY Government Program That Works
- SBA Rate Update
- SBA Rate Update
- Why did the unemployment rate rise?
- How the SBA turned $730 million into $26 billion
- The SBA and wieldy
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May
(12)