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  • Writer's pictureRetirement and Annuity Advisor Jennifer Lang

SBA Waives Guarantee Fee through 2022

Great news! The Small Business Administration (SBA) just announced there will be NO guarantee fee due to the SBA for loans of $350,000 or less through 2022. As we mentioned last week, our lending team is back to business after PPP and we want to remind you that we can offer funding options to help all kinds of small business owners. For qualified applicants, an SBA loan from a bank in our network offers low rates, long terms, and very low monthly payments.

A Bank Term loan from our lenders is another option to consider. Bank Term loans are short-term, fixed-rate loans with stable monthly payments. Bank Term loans facilitated by our team often have a shorter application process and faster turnaround than SBA loans. will continue to evolve to help our small business clients succeed in the new economic normal. We appreciate your loyalty and look forward to helping you reach your goals.

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