The Bank of Montana – The SBA Offers Sweeteners to Encourage More Small Loans

The changes mean small business owners borrowing $150,000 will no longer have to come up with $2,550 in upfront fees at the time the loan closes. That will help many of the Main Street retailers, service businesses, craft breweries, and car dealerships that apply for SBA-guaranteed loans at the Bank of Montana’s Missoula branch http://www.bankofmontana.com/ , where Kimberly R. Shappee is a senior credit officer. "It’s awesome. For small business owners who are just getting started, this will be a significant savings. We’ll be able to help them grow into significant employers in our area."