Small business loan rates climb as SBA lenders tighten & re-price 7(a) loans

Lenders in the SBA 7(a) program raised rates this week & tightened underwriting, brokers said. Officials said the change follows months of public comment and will be reviewed again next year, according to the statement released Friday morning. Business owners who have questions can contact the agency through its website, the statement said, and additional guidance is expected before the effective date [1].

Sources

1. fixture.test · Small business loan rates climb as SBA lenders tighten & re-price 7(a) loans Sep 9, 2026

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