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 ...
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 ...
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 ...
Changes that helped lenders hurt the U.S. Small Business Administration’s flagship lending program and many of its borrowers. Early defaults on loans backed by the SBA are on the rise. The defaults ...
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