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 interest on the unsold portion. These banks closed an average of 5 loans each.

Its easy to see what making a few SBA 7(a) loans can do for your bottom line!