When it comes to SBA lending, the most common question we hear is, “What’s the difference between the SBA 504 and SBA 7a programs?” Many people are familiar with the better-known 7a and automatically assume that is the best option for financing any...
Wondering how to finance heavy equipment? The SBA 504 Loan Program is one of the best options for manufacturing operations looking to purchase heavy machinery and equipment, or for those looking to purchase new facilities, warehouses or other commercial real estate...
Let’s face it, financing the purchase of a medical office building can be a daunting task. Because of the high cost of building improvements (customized plumbing, construction of exam rooms, lead walls for x-ray or surgery units, etc.) and the additional costs...
Are you starting or expanding a business, and in need of a loan to help make it happen? While there are some larger loan options available, many entrepreneurs – particularly freelance, online and home-based businesses – require only a few thousand dollars to get...
Attention lenders: don’t let common roadblocks get in the way of approving good deals. Remove the barriers by partnering with the SBA 504 Loan Program. For instance, check out some of the solutions the 504 Loan Program can provide: [su_table] Barriers 504...
Small businesses deserve some special recognition for helping our communities thrive. Not only are they run by courageous entrepreneurs working tirelessly, but they are also the sponsors of little league teams, the community fundraising donors and the employers of...
The decision on when to expand and/or relocate your business is a difficult one. Two of the most recognized hurdles your business may face are: preservation of capital (“Do I have enough cash to expand my business?”); and finding appropriate financing...
On January 4, Forbes published an article, titled “How Business Owners Can Refinance Properties With Government-Backed Loans Under McMahon’s SBA” by Ely Razin, which highlights SBA loan programs. Razin’s bottom line advice? “For...
Let’s check out some examples of how businesses use the SBA 504 Refinance Program to unlock additional capital and secure low, fixed interest rates on financing, amortized over 20 years, for up to 90% of the appraised value of the commercial real estate...
Small business owners feeling the pressures of commercial mortgage debt coupled with rising interest rates can find relief from a refinance program offered by the U.S. Small Business Administration (SBA) and Growth Corp. Under the SBA 504 Refinance Program, small...
