Thursday, December 9, 2010

SBA 7(a) Weekly Lending Update

Another $558,183,000 in SBA 7(a) loans were approved last week.

That brings the total to $4,049,439,000 in SBA 7(a) loans so far this fiscal year, which began October 1st. That's almost FOUR times the volume two years ago.

Borrowers and lenders are rushing to get in as many deals as they can by the end of the year when the increased guarantee and guarantee fee waiver end.

No comments:

Post a Comment