Feb 26, 2025, 7:07am CST Updated: Feb 26, 2025, 7:27am CST Haiyun Jiang/The New York Times Small Business Administration Administrator Kelly Loeffler this week issued a memo detailing planned changes ...
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 ...
WASHINGTON, March 27, 2025 (GLOBE NEWSWIRE) -- Today, as part of the work to reverse the gross financial mismanagement of the prior Administration, the U.S. Small Business Administration (SBA) ...
SBA’s largest lending program—known as 7(a)—encourages private lenders to offer loans to small businesses that might not otherwise get funding, with SBA guaranteeing a portion of the loan. The program ...
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SBA launches loan program for small manufacturers
The Small Business Administration is rolling out a new loan program specifically for small manufacturers. The 7(a) Manufacturers' Access to Revolving Credit (MARC) loan program will offer working ...
The Small Business Administration raised fees on its flagship 7(a) loan program in an effort to course correct after the program lost money for the first time in more than a decade. The move will no ...
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