If you need a business real estate loan then it is hard to find a better value than SBA real estate loans - especially at the moment given the additional incentives provided by the small business stimulus recently passed by Congress. SBA real … [Continue reading] about Business Real Estate Loan
For the second time in 10 years there is an SBA loan fee waiver. After the last Recession Congress passed an Economic Stimulus bill to help small businesses get financing they needed to either sustain or expand their businesses. Due to the … [Continue reading] about SBA Loan Fee Waiver & Economic Stimulus of 2021
What is the maximum SBA loan amount? The answer: "It depends." It could be $5 million, $10 million or $15+ million. It depends on whether you are financing a building, commercial property or expensive equipment or if you are financing … [Continue reading] about What is the Maximum SBA Loan Amount?
Can You Get An SBA Loan with a Bankruptcy? YES, you can get an SBA loan with a past bankruptcy. Generally speaking, a previous BK would need to have been discharged for at least a few years before you could hope to qualify for an SBA loan. SBA … [Continue reading] about SBA Loan with Bankruptcy
Self Storage Construction Financing Self storage construction loans are possible via the SBA real estate loan programs at 90% loan to cost up to approx $9 million, 85% loan to cost above $15 million and in some case, 80% loan to cost to approx $20 … [Continue reading] about Self Storage Construction Loans
Commercial mortgage interest rates rise and fall with economic conditions, but if you own a successful small business you might qualify for a 25 year fixed rate commercial mortgage and be able to rest easy in times of rising rates. Fixed Rate … [Continue reading] about Fixed Rate Commercial Mortgage Loans – 25 Years
RV and Boat Storage Facility Loans Boat and RV storage facility financing, including ground up construction, is available with as little as 10% down via the SBA 7a program. The SBA 504 program allows 10% down for acquisitions and 15% for new … [Continue reading] about RV and Boat Storage Facility Financing
SBA Hotel Refinance Loans Hotel refinance rates are attractive and there are numerous programs to choose from. SBA 7a program - The 7a is a good loan if you are looking to refinance your hotel because it is available with a 25 year amortization. … [Continue reading] about Hotel Refinance Rates
SBA self storage loans minimum requirements: 10% down payment (which can be borrowed) Good credit (ideally mid 600's or better) Solid "regular" job/consistent income or "enough" assets/liquidity to sustain you for a while Some type of … [Continue reading] about SBA Self Storage Loans