Effective October 1, 2022 through September 30, 2023 – SBA has set the SBA Guarantee Fee to 0%. Previously, this fee was .5%. The Guarantee Fee is part of the upfront 504 loan origination fees charged to the small business client and financed by the SBA 504 loan. This is great news for small business owners, as it makes the SBA 504 loan program more affordable for them.
If you have a potential 504 project you’d like to discuss and see what the 504 fees look like for the project, please contact us.