SBA Announces SBA Lender Fees for Fiscal Year 2025
2024年7月30日 - 12:32AM
Today,
Administrator Isabel Casillas Guzman, head of the
U.S. Small Business Administration (SBA) and the voice in
President Biden’s Cabinet for America’s more than 33 million small
businesses, announced fees for FY25 for 7(a) and 504 loan program
participating lenders. For the 2nd year in a row, SBA will not
charge upfront fees for loans $1,000,000 or less for both 7(a) and
504 loans.
Under the Biden-Harris Administration, the SBA, through its
commitment to equity, has expanded access to capital for
underserved populations through small dollar loans. To continue to
encourage small dollar lending, the agency will continue to set
zero or extremely low fees for small dollar loans, including no
fees for loans $500,000 or less in its flagship 7(a) program. SBA
further announced its 7(a) Working Capital Pilot (WCP) program will
charge no upfront fees for loans $1,000,000 or less and no annual
service fee for loans $500,000 or less.
Please see the 7(a) Fee Notice, 504 Fee Notice, and Working
Capital Pilot (WCP) Fee Notice for more specific information on
FY25 fees.
Visit SBA’s Lender Match page if you would like to be matched
with participating SBA Lenders that can provide you with funding at
competitive rates and fees.
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About the U.S. Small Business Administration The
U.S. Small Business Administration helps power the American dream
of business ownership. As the only go-to resource and voice for
small businesses backed by the strength of the federal government,
the SBA empowers entrepreneurs and small business owners with the
resources and support they need to start, grow, or expand their
businesses, or recover from a declared disaster. It delivers
services through an extensive network of SBA field offices and
partnerships with public and private organizations. To learn more,
visit www.sba.gov.
Christine Saah Nazer
U.S. Small Business Administration
202-756-0304
Christine.SaahNazer@sba.gov