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Celebrate the SBA New Year with GLQC!

We're going back to Fado's this New Years!  Please join your friends at GLQC Thursday, October 26th for the SBA New Years Event from 5:00 PM - 7:00 PM. Click here to register today for the event. $50 for members and $90 for non-member guests.

 

Fado's Buckhead Rooftop located at: 273 Buckhead Ave., Atlanta, GA, 30305  

 


 

 

About GLQC

The Georgia Lenders Quality Circle (GLQC) is a non-profit association for banks, non-bank lenders, certified development companies, and other professionals, and service providers that are active in the origination, support, management, and liquidation of government guaranteed small business loans. The association seeks to provide a forum for its membership to exchange ideas, information, and insight with each other, development companies, agency officials, and the associate members in order to strengthen the industry, and promote a better environment in which to operate and prosper.

 

If you or your company fits this description, we encourage you to become a member of GLQC and join our members at the various events throughout the year.  If you have questions about joining or about the organization, please feel free to reach out to one of our Board members directly (click here) or send an email to admin@glqc.org. To join today, please click on the box below to register your organization.

Join GLQC


 

2017 GLQC Summer Networking Event

A big 'Thank You!' to all that came to the Summer Networking Event at Skyline Park on top of Ponce City Market on Tuesday, Aug 15.  There were 65+ guest across all aspects of our industry there reconnecting with old friends and meeting new people.  If you have any photos from the event that you're willing to share, please email them to Thomas Rockwood, GLQC Communications to be published on the website.
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SBA News

The Small Business Administration (SBA or Agency) is seeking input from the public on identifying which of the Agency’s regulations should be repealed, replaced or modified because they are obsolete, unnecessary, ineffective, or burdensome.

 

Comments are requested on or before October 16, 2017

Link to the notice:  https://www.gpo.gov/fdsys/pkg/FR-2017-08-15/pdf/2017-17176.pdf


FY 2018 Fee Schedule

Effective October 1, 2017

Loans with maturity of 12 months and less: 0.25%

Loans with maturity of over 12 months Upfront Guaranty Fee:

Up to $125,000 - 0%

$125,001 - $150,000 – 2.00% (lender able to retain 25% of the fee)

$150,001 - $700,000 - 3.0%; Over $700,000 - 3.5%; For loans of $700,001 to $5,000,000: 3.5% of the guaranteed portion up to $1,000,000 plus 3.75% of the guaranteed portion over $1,000,000

  

FY 2018 Ongoing Annual Servicing Fee: 0.55%                                                                                  

Lenders to manually adjust fee in the current Authorization Wizard

 

Contact the Georgia Office at 404.331.0100

  •  Lewis Burger, Lender Relations Specialist 404.331.0115
  •  Melanie Bryant, Lender Relations Specialist at 404.331.0131

Send Us an email at : GeorgiaLenders@sba.gov

Calendar more

3/7/2018 » 3/9/2018
2018 SESBLC Conference

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