The Economic Aid Act provides emergency enhancements to the SBA’s 7(a) loan program by offering reduced or no fees for the borrower. This includes waiving the largest borrower fee -- the SBA Guaranty fee. Prior to the Economic Aid legislation, SBA 7(a) borrowers paid an SBA Guaranty fee in the … [Read more...] about 1.3.21: SBA WAIVES BORROWER GUARANTEE FEE FOR SBA 7(A) LOANS
4.6.15: SBA Guarantee Premiums Remain at Attractive Levels
It has been a while since we reported on the sale of SBA 7(a) loan guarantees, primarily because pricing has not moved much over the past year. After post-crash premiums peaked at 118.75 in February 2013, pricing gradually declined during the balance of 2013. Then, throughout 2014, secondary market … [Read more...] about 4.6.15: SBA Guarantee Premiums Remain at Attractive Levels
6.27.11: SBA Guarantee Premiums Remain Lofty
Recent SBA 7(a) guarantee sales by ValueXpress partner banks confirm tremendous demand from secondary market loan guarantee broker/dealers, even for higher guarantee amounts above the $1.5-million maximum guarantee that existed prior to September 2010. When the SBA 7(a) loan limit was increased to … [Read more...] about 6.27.11: SBA Guarantee Premiums Remain Lofty
9.3.10: SBA Loan Guarantee Premiums Soar in August
In August, short- and long-term SBA loan guarantee premiums soared to record high levels as uncertainty around the next phase of economic stimulus options continued to drive loan origination volume down, according to BoeFly. The BoeFly Loan Sale Index for 25-year Prime+2% increased 80 basis points … [Read more...] about 9.3.10: SBA Loan Guarantee Premiums Soar in August