Medical Practice Loans Medical Practice Loans are typically available from three types of lenders: SBA Lenders Healthcare Financing department of Traditional Banks Specialty Medical Practice Lenders This post is about non-SBA … [Continue reading] about Medical Practice Loans
SBA Business Plan Outline
Small Business Loan - Business Plan Outline I thought it might be helpful to make available a basic outline for putting together a small business loan business plan, so here ya go: Section 1 - Overview of the Business a) Briefly describe your … [Continue reading] about SBA Business Plan Outline
How to Refinance Your Commercial Property While Buying or Building Another
Refinance AND Expand with the 504 If you are considering an expansion of your business that involves any of the following: buying a building constructing a building expanding your existing building acquiring land purchasing expensive … [Continue reading] about How to Refinance Your Commercial Property While Buying or Building Another
SBA 504 Refinance – Is the 90% LTV Program Coming Back?
June 13, 2013 - Update The Creed Act is gaining momentum. Yesterday the Senate Committee on Small Business and Entrepreneurship led by Senators Mary Landrieu and Jim Risch approved legislation that would bring back the 504 refi program. The … [Continue reading] about SBA 504 Refinance – Is the 90% LTV Program Coming Back?
SBA Loan For Wisconsin Businesses Creating Jobs
4+% Long Term Financing for Wisconsin Business Owners Who Create Jobs (This program is also available on a limited basis in qualifying areas (typically rural/semi-rural) throughout the country). If you own a business in Wisconsin and you are … [Continue reading] about SBA Loan For Wisconsin Businesses Creating Jobs
Small Biz Loans & The Agony of Defeat
If you are old enough to remember the intro to ABC's Wide World of Sports then you know what the "Agony of Defeat" looks like. Most of us who have started something of their own know what it's like to suffer defeats along the way, and as painful … [Continue reading] about Small Biz Loans & The Agony of Defeat
Hotel Construction Financing
Hotel Construction Loans Are Available Updated April 28, 2013: It seems that the hotel financing market has reached a turning point and lenders are coming back to the market - at least in the world of SBA and USDA lending. Lenders who have … [Continue reading] about Hotel Construction Financing
Banker Not Responsive? Maybe You Need a Wingman
Another Reason to Use an "SBA Wingman" I recently spoke with a potential client who ended up going with a local (large) bank for his self storage facility construction financing. He first called me 7 months ago to see if I could get him better … [Continue reading] about Banker Not Responsive? Maybe You Need a Wingman
SBA Loan Approval – What Are Your Chances?
It Depends When you apply for an SBA loan - or any loan - your odds of approval depend on a lot of factors. Assuming you have most of the right qualifications (the 5 C's of credit, etc.), a lot of it depends on the lender you are seeking financing … [Continue reading] about SBA Loan Approval – What Are Your Chances?