The SBA 504 Blog is written by John King, founder and principal of Green Commercial Capital.
At Green Commercial Capital, we help small and mid-sized business owners secure commercial mortgage financing, including loans through the SBA 504 and SBA 7a programs, along with other commercial loan solutions.
I write this blog to share practical, plain-English information about SBA loans and commercial real estate financing, drawing on real-world experience helping business owners – and would-be business owners – start, buy, refinance, or expand their businesses.
For more information about our services, visit
www.greencommercialcapital.com
If you have questions or comments, feel free to reach out:
jking (at) greencommercialcapital (dot) com
Disclaimer
This blog provides general informational content only and does not constitute legal, tax, financial, or professional advice. The information may not apply to your specific situation.
Green Commercial Capital does not underwrite, approve, or guarantee financing. All credit decisions, loan terms, and interpretations of collateral or program eligibility are made solely by the lender.
View Comments (3)
The SBA will guarantee an extra $2 million of your loan if you do an energy audit and put an action plan in place to reduce the building's energy use by 10%.
If I understand correctly, the SBA 504 90% guarantee is now a 75% guarantee. Is this correct and if so, do you have any idea how long it will remain at 75%? Is there a way to track the guarantee on a daily basis? (Can you tell I'm waiting for it to go back to 90%!)
It is up to our elected officials in Washington and so far they haven't gotten around to it. Some in the SBA lending industry feel it will be "re-upped" but others aren't so sure. You might try setting a Google Alert for it.