Small Business Administration· Rule
7(a) Alternative Base Rate Options
effective in 19d
SUMMARY: SBA is introducing alternative base rate options for use with variable interest rate loans made under the 7(a) Loan Program. The alternative base rate options are also available for use under any 7(a) pilot loan programs, unless expressly prohibited.
Owner check — SBA action: confirm whether financing, disaster assistance, eligibility, or SBIC exposure changes for your business.