Wednesday, March 6, 2013

SBA 7(a) Loan Rate Update


Indices:

PRIME RATE= 3.25%
SBA LIBOR Base Rate March 2013 = 3.20%
SBA Fixed Base Rate March 2013 = 4.63%

Lenders can charge up to 2.75% over these indices.

1 comment:

  1. Loan proceeds may also be used for leasehold improvements, working capital, and other eligible project costs. SBA 7a

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