Issue 16 – September 2018

Issue 16 – September 2018

September 2018Issue 16 Guaranty Fee Change for theSBA 504 Loan Program isBetter for Borrowers SBA 504 Effective Rates for September 2018 25-year – 5.29% / 5.34% Refi20-year – 5.25% / 5.30% Refi10-year – 5.25% / 5.33% Refi The new SBA Guaranty Fee...
Issue 15 – August 2018

Issue 15 – August 2018

August 2018Issue 15 SBA 504 Program Provides Service for Auto Repair Business SBA 504 Effective Rates for August 2018 25-year – 5.35% / 5.40% Refi20-year – 5.30% / 5.35% Refi10-year – 5.30% / 5.36% Refi Rob and Cheryl Heerspink are the...
Issue 14 – July 2018

Issue 14 – July 2018

The First Funding of the 25-Year Debenture for the SBA 504 Loan Program On July 5th, the SBA 504 program priced its first 25-year debenture, giving small business borrowers a much sought-after option to better manage their debt service. Being able to secure...
Issue 13 – June 2018

Issue 13 – June 2018

SBA 504 Loans – Appraisal Guideline Clarifications Although the OCC, Board, and FDIC recently published a final rule that increased the appraisal threshold from $250,000 to $500,000, the Small Business Act continues to state that SBA shall require appraisals for...
Issue 12 – May 2018

Issue 12 – May 2018

2018 SBA Small Business Awards of the Washington Gala Danny House’s Speech (Condensed)Dan the SausagemanSmall Business Person of the Year “Impressive Business and Financial Accomplishments”     “This is my satchel from 30 years ago, I would wear it when I...
Issue 11 – April 2018

Issue 11 – April 2018

Highlights from the 504 Program on Marijuana Businesses SBA’s additional guidance to address businesses that derive revenue from marijuana-related activities or support the end-use of marijuana. Because Federal Law prohibits the distribution and sale of marijuana,...