SBA Initiates Actions to Reverse Biden-Era Mismanagement of Core 7(a) Lending Program
… (SBA) announced it has restored lender fees to its 7(a) loan program . Waiving lender fees was one of the Biden-era … SBA’s core 7(a) lending program into negative cash flow for the first time in thirteen years – threatening its … fees while simultaneously lowering underwriting standards for loans. Over the lifecycle of these loans, the Biden-era …