Small Manufacturers Get a Boost: SBA Cuts Loan Fees! 🚀💼

The U.S. Small Business Administration (SBA) is making significant changes for small manufacturers by eliminating upfront fees for loans from October 1, 2025, to September 30, 2026. This initiative aims to lower financial barriers for the nearly all small manufacturers in the U.S., allowing them to apply for 7(a) loans up to $950,000 without upfront costs. SBA Administrator Kelly Loeffler emphasized that this move will assist businesses in their growth and revitalization of American manufacturing. Small manufacturers can utilize the SBA’s Lender Match portal to explore competitive financing options and take advantage of the newly introduced MARC Loan Program. While these fee waivers offer a great opportunity, business owners should be informed about navigating the loan process and understanding their financing options. This initiative signals a positive outlook for domestic manufacturing and job creation.

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