SBA Guarantee Fee
Will the SBA guarantee fee increase? The current reduced fee may revert to its previous rates. While no official notice or announcement has been made, there are rumors that this change could occur to help generate essential revenue for the SBA program.
If you're considering financing that involves SBA funding, it's highly recommended to act now, as the fee increase could take effect at any time—similar to the recent change in residence status that occurred two weeks ago. At present, you could save anywhere from thousands to tens of thousands of dollars on the SBA guarantee fee before any potential increase.
The team at Blue Water Capital Advisors has extensive experience in SBA lending on the banking side. Our team has over 20+ years of commercial banking experience and has significant knowledge of the SBA’s policies. If you have any questions related to this or need any financing, feel free to reach out to us.