Wednesday, September 9, 2009

SBA Waived Fees soon to expire

It is anticipated, that the waived fees on SBA's 7a and 504 loans will soon expire.

The stimulus funds alloted to the SBA program were expected to last until the end of 2009, however sources are stating that the funds may run out by October, unless Congress extends the savings beyond the existing pool of funds.

If you were considering buying a building, now is the time. Treasury rates are at a record low, most fee's are currently waived and buying opportunities are plentiful.