The SBA 504 blog is authored by John King, founder of Green Commercial Capital.
Green Commercial Capital arranges commercial mortgage loans including the SBA 504 and SBA 7a programs.
This blog is intended to educate the owners of small and mid-sized businesses about the benefits of SBA 504, SBA 7a, Green 504 Loans and other useful commercial mortgage programs.
You can get more detailed information by visiting our main site at www.greencommercialcapital.com
Hope you find the blog informative and please get in touch with any comments or questions:
jking (at) green commercial capital (dot) com
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.