Monthly Archives: March 2013

Do you know what making loans under the Small Business Administration’s 7(a) program can do for your bottom line?

In 2012, SBRA client banks earned on average $481,850 in fee income from the sale of the guaranteed portion of 7(a) loans. Those same banks earned an additional $34,000 in fee income from servicing the sold portion. They also earned … Continue reading

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Impact of March 1st event on SBA

The head of the SBA, Karen Mills, was recently quoted as saying that the automatic federal budget cuts expected to take place on March 1, 2013 should have little to no impact on the agency’s operation. She further stated that … Continue reading

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