Yes. You can absolutely refinance an SBA loan. Are you stuck paying a high interest rate on your SBA loan and wondering if refinancing is an option? The short answer is yes — in fact, new rules could allow refinancing under more favorable terms … [Continue reading] about Can You Refinance an SBA Loan? Rules, Guidelines and Options
An SBA commercial real estate loan can be an exceptional value for a small or medium-sized business. SBA real estate loans are for "owner-occupied business real estate," which means that the business you own and operate must "owner occupy" at … [Continue reading] about SBA Commercial Real Estate Loan
The SBA announced today that they will only be paying 3 months of principal and interest payments on new loans approved by Sept 30th, 2021. They had previously announced they would make first 6 months of payments until the money ran out. … [Continue reading] about SBA Now Making Only 3 Months Payments For Borrowers
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 SBA Real Estate Loans
Update: March 28, 2024: The SBA has cancelled the SBA fee waiver for the SBA loan guaranty fee for 7a loans of under $1 million. The waiver was supposed to last through the end of the upcoming fiscal year which runs from September of 2024 to … [Continue reading] about SBA Loan Fee Waiver – 2025
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, expensive equipment or the purchase of a business. … [Continue reading] about What is the Maximum SBA Loan Amount?
Self Storage Financing for Construction Self storage construction financing is 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 cases, 80% loan to cost to … [Continue reading] about Self Storage Construction Financing
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 SBA commercial property loan and be able to rest easy in times of rising rates. SBA … [Continue reading] about SBA Commercial Property Loan
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