Rates Reduced, Fixed Rates and Fast Closings!

We are seeing rate spreads being reduced and fixed rates happening on SBA 7a loans!  Now, not all SBA 7a loans will be able to get fixed rates as lenders are stating it's on a select basis.  With the rising rates, lenders now understand the importance of keeping the rates as low as possible.

If you have a case that needs to close in under 30 days, we have a few lenders that can make this happen even as a SBA 7a loan.  Reach out to us so we can discuss further on this.

Watch out for upcoming newsletter about the changes coming for SBA 7a loans.  Big changes coming up are the seller notes being reduced from full standby of the term of the loan to 2 years, sellers allowing to sell partial ownership % to new buyers and new affiliation rules.

Reach out to any of our team members to discuss and see if we can find one for you.  Don’t forget to subscribe to our newsletter!