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SBA Waives Veteran Borrower Fee

Waived fee initiative effective Jan. 1 and will run through Sept. 30, 2014.

By Michelle Samaad | Updated on November 08, 2013

The Small Business Administration announced a new measure to help get more small business loans into the hands of veterans.

The agency said Friday it will set the borrower upfront fee to zero for all veteran loans authorized under the SBA Express program up to $350,000. The initiative will start on Jan. 1, 2014 and continue through the end of the fiscal year.

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