Small business is getting
the boost it needs.

With new lending programs and reduced fees,
now's the time to ask about SBA loans.

The American Recovery and Reinvestment Act, which was signed into law on February 17, included funds for the SBA that will make it easier and less expensive for small businesses to get loans.

This is great news. And it means that if you've ever considered applying for an SBA loan—or refinancing your existing loan—the time to act is now.

Ready to help
As an SBA National Preferred Lender, BBVA Compass is proud to support the new stimulus measures and do our part to help small businesses overcome their current economic challenges and position themselves for future growth.

We know from experience that SBA financing has been the key to many successful businesses. SBA loans are so important, in fact, that we have an entire team of experts who focus on this specific type of lending.

SBA loans can offer certain benefits not available with other types of loans. These loans can be used for many purposes, but are typically used to finance:

New benefits
The SBA has announced a variety of new measures to address the needs of small businesses, ranging from new programs to reduced fees.

For example, the SBA is temporarily waiving the upfront guaranty fees on 7(a) loans having terms greater than twelve months.

This fee waiver offers significant potential savings - in some instances, as much as 3.75% of the SBA guaranteed portion of your loan - which frees up more working capital for your business.

The 504 loan program is yet another example where borrowers can benefit from reduced costs, thanks to a temporary waiver of CDC Processing Fees.

Call today
We'll be happy to discuss the new SBA changes and loan programs with you. And if your business qualifies, our SBA lending experts can help you make the most of these opportunities while they last.

There's never been a better time to put the advantages of an SBA loan to work for your business. So don't wait. Call your BBVA Compass relationship manager or 1-800-COMPASS today.

SBA Loans subject to borrower eligibility, credit and other approval criteria..