Congress has extended higher guarantees and reduced fees on SBA loans through May 31st.
According to an article in the Orlando Business Journal, this makes SBA lending less risky for lenders and more affordable for borrowers. It has brought 1,200 lenders back to SBA lending. Even better news? 7 (a) lending through April 12, 2010 is up 112% over same lending in the same period last year!
SBA is apparently hoping for an extension through the end of 2010.
This is excellent news for our clients, our franchisors and our economy.
Read the article here
There are a few difficult things in this world that we all experience, regardless of country and culture. These are wars, pandemics, and economic hardships. And though these make for tough times - throughout history, we have overcome them each time. As the economy starts to slow - both here in the US and globally, […]
Registration info on our Conference website: https://franchisebce.com Ever heard of a conference that feels like vacation? If that sounds too good to be true, let us draw you a sunny picture that might just change your mind. At the close of the year, while the rest of the country is gearing up for a chilly […]
What: FBA’s Quarterly “Spark the Light” Event When: Thursday, May 2nd, at 1-2:30 PM EST Where: Zoom (Invite to attend has been sent to your calendar) How/Why: See Communications from FBA & Your Assigned Rising Star Broker If you've been tuning into our weekly mentoring sessions, you know we can't get enough of discussing the ins […]
