The SBA has introduced fee waivers for manufacturers for the first time - to be in effect October 1, 2025. This impacts both the SBA 7(a) and SBA 504 program.

SBA 504 Loans: Small manufacturers will pay no up-front guaranty and no annual servicing fee.

SBA 7(a) Loans: Small manufacturers will pay no up-front guaranty an no annual servicing fee for loans $950,000 and under. (Note: this does not apply for loans over $950,000 or the MARC program.)

Manufacturers are now better positioned than ever to take advantage of the personalized solutions that are offered through SBA financing. Reach out today to discuss with your team of experts at Business Finance Group.