Posted10/30/2024 1:28:18 PM

https://www.holtandmon.com/newsletter/

Regulatory updates. Hot Topics. Expert advice on SBA and USDA lending. Holtmeyer & Monson's newsletter will help you stay in the know and compliant.

Posted7/16/2024 10:50:33 AM

https://www.holtandmon.com/newsletter/news-alerts.php

There's still time to take advantage of SBA and USDA lending as the SBA has waived the Guaranty fee and Lender Services fees for 7(a) loans of $1,000,000 or less through fiscal year 2024 (September 30, 2024). See our News Alert for more information and let us know if we can help your institution get started or expand your footprint in SBA and USDA lending.

Posted4/5/2024 12:02:17 PM

https://www.holtandmon.com/newsletter/news-alerts.php

USDA Business & Industry Loans (B&I) are a viable alternative to the SBA 7(a) program with loans up to $25,000,000 and an 80% guarantee (much larger loan limit than SBA 7(a)). The guarantee fee is 3% of the guaranteed amount. See our News Alert for more information and let us know if we can help your institution get started or expand your footprint in USDA lending.

Posted9/5/2023 5:35:22 PM

https://www.holtandmon.com/newsletter/news-alerts.php

SBA has announced its Guarantee Fee and Lender’s Annual Service Fee for the fiscal year beginning on October 1, 2023. The fees are effective for all SBA 7(a) loans approved between October 1, 2023 and September 30, 2024. All fees are based on the gross loan amount.