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NAGGL Comment Letter on Proposed Rule: Express Loan Programs; Affiliation Standards >

 

Registration opens Friday, December 14 

Limited to Lenders Only

Limited to 1 Registrant per Regular Lending Member
Limited to 2 Registrants per Sustaining Lending Member

“Being involved in committees connects you with other involved professionals in an open forum which can be utilized to:  Talk through the complicated, ever-changing SBA rules; exchange experiences and share solutions; and provide valuable feedback to NAGGL on roadblocks, hurdles and pain points that keep the industry from being successful at getting capital into the hands of SBA borrowers.” 

Complete the online form by December 28 to be considered for a Standing or Regional Liaison Committee -- or both! 


 

2018 NAGGL Annual Conference
Award Winners > 

 


SBA extends deadline for comments on Proposed Rule (SBA Express, Affiliation) to December 18
On Friday, November 16, the agency extended the deadline for submitting written comments on the large Proposed Rule that contains several significant PROPOSED changes to the 7(a) program.  Please take the time to read the complete Proposed Rule and submit your written comments by the deadline.

Easy to read version >


NAGGL comment letter on Notice of Extension of and Changes to Community Advantage Pilot Program 

NAGGL submitted its comment letter last week >


SBA announces FY 2019 fees in Information Notice 5000-180010 >

NAGGL-created fees chart >


SBA releases Loan Authorization Wizard, 2018 >

2018 7(a) Boilerplate >


SBA publishes version 14 of Servicing & Liquidation Actions 7(a) Lender matrix

This PDF highlights most of the changes >  |  Clean version > 


 

Click here to view Job Bank positions  >


DECEMBER RATES

SBA LIBOR Base Rate = 5.38%
History of SBA LIBOR base rate > 

Prime Rate = 5.25%

SBA FIXED Base Rate = 5.25% + allowable spreads 
Loans > $250,000 for December 2018 = 10.25%
Federal Register Notice >
Maximum Allowable Fixed Rates >

SBA Optional Peg Rate = 2.88% [October 1-December 31, 2018]
[p. 127, SOP 50 10 5(I), "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."]


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12/13/2018
WEBExpress: Determining Eligibility in Complex Tiered Ownership Structures

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