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
SBA Now Making Only 3 Months Payments For Borrowers
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
SBA Real Estate Loans
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
SBA Loan Fee Waiver – 2024 & 2025
As of July of 2024 the SBA has extended an SBA fee waiver for the SBA loan guaranty fee for 7a loans of under $1 million. This waiver lasts through the end of the upcoming fiscal year which runs from September of 2024 to September of 2025. They … [Continue reading] about SBA Loan Fee Waiver – 2024 & 2025
What is the Maximum SBA Loan Amount?
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 Construction Financing
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
SBA Commercial Property Loan
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 Financing
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
Hotel Refinance Rates
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