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Our Current SBA 504 Rates
March 10, 2013
After extensive consultations with lenders and borrowers to identify the greatest challenges they faced when lending and borrowing, the SBA found ways to reduce barriers in order to make SBA business loans easier. Borrowers and lenders of SBA loans will have greater access to capital and less paperwork as a result of a proposed regulation to streamline the SBA application process.
The goals of the proposed changes include:
SBA expects changes to take place in the 3rd Quarter of 2013