Friday, December 13, 2013

No Fees For SBA 7(a) Loans!

As set forth in SBA Information Notice 5000-1288, all 7(a) loans approved for $150,000 or less in FY2014 will have a zero fee for both the yearly fee (also known as the ongoing servicing fee) and the upfront guaranty fee.

SBA just released 5000-1294 clarifying SBA 7(a) loan fees.

1 comment:

  1. SBA Loans
    means small business administration loans .it is a fast growing idea. small business owners are so much depended on these loans nowadays.