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About
The NASE

Membership
Benefits

Business
Learning Center

Your Voice
in D.C.

Micro-Business
Research

Media
Connection

Members
Only

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Self Made

An NASE blog on the self-employed and micro-business

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Bank Going Dutch On SBA Loan Fees

Author

Wednesday, August 18, 2010

Posted by Molly Nelson - If you're near a City National Bank branch, you may want to head in for a chat about starting the SBA Loan process. According to smallbuzinessnewz, City National has announced that it will pay half of the standard loan guarantee fees up to $3,000 for SBA 504, 7(a) and SBAExpress loans to help encourage small business lending.

Standard loan fees typically range from 2 percent to 3.75 percent of the guaranteed portion of the loan. Hopefully City National's offer will spur other banks to do the same!

[Bank Offers To Pay SBA Loan Fees]

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Meet the NASE Staff Bloggers

Kristin Oberlander - In public affairs, my job is to serve as a link between the association, micro-businesses and the media. When I have down time, I enjoy drinking large quantities of coffee, contemplating how I will cram one more pair of (un)needed shoes into my closet and finding creative ways to remove my dog’s hair from my clothes, car, own hair and food. My biggest pet peeve is drivers who don’t understand 4-way stops.

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Molly Nelson - I help out with the NASE’s legislative advocacy, communications, and public relations. From attending hearings on the Hill to helping select the cover design for the member magazine, I’ve always got something new going on. I like practicing yoga, running through different parts of the city, and I’m an admitted etymology/grammar nerd.
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Kristie Arslan - As President, one of my chief roles is to educate legislators and the media on how key issues such as health care, tax, and the lagging economy affect the self-employed. When I am not speaking out for our members, I spend my time helping my husband with his small business.

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