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Score - Southern Nevada Chapter 243
SCORE is pleased to inform everyone that all lenders who participate in the Small Business Administration Express Loan program have had upfront guaranty fees for loans up to $150,000 eliminated for the rest of the Federal Fiscal Year.
In addition, all veterans and their qualified family members will have fees eliminated for loans to $350,000.
The SBA Express Loan Program, which supports loans under $350,000, is SBA’S most popular loan delivery method, with nearly 60 percent of all 7(A) loans over the past decade being authorized through the program.
This change can amount to $2,000 – $4,000 savings to the entrepreneur on the day of the loan closing.