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, […]
Click this link to Vote FBA The Franchise Brokers Association has been nominated for the prestigious title of Best Broker Organization in the annual Top Franchise Suppliers ranking. We hope you feel supported by our partnership and moved to help our Membership grow. Your vote would mean the world to us. As an additional perk: one company who […]
If you've clicked on this article, chances are you're passionate about business and/or youth sports. Good news: You're about to uncover a golden insight, and you won't need to read much further to grasp it. A business that not only delights your community but also promises a healthy profit. That’s the dream, right? Yet, people […]
