It’s true, SBA powers the American dream by helping entrepreneur’s start, grow, expand and recover, but the agency also offers strong benefits to lending institutions as well. SBA can help: • Reduce the risk when lending to higher-risk industries and startups • Meet Credit Reinvestment Act (CRA) requirements • Develop future non-SBA borrowers • Generate additional income from sale of guaranteed portion on the secondary market. In Fiscal Year 2018, SBA approved more than $30 billion in loans with its SBA Lenders across the country, with an SBA guaranty of 75-90%. In the Louisiana District, SBA approved 497 loans for $315 million in Fiscal Year 2018. We look forward to hearing your goals as a lender and exploring how SBA can help you succeed. SBA subject matter experts will be on hand to answer your questions and address your specific needs.
Fee: No Cost