When the Cares Act was signed into law it included some permanent changes to the SBA 504 lending program. Historically the program could only be used for new debt and to refinance non-government guaranteed debt under some tight restrictions. However, the Cares Act greatly expanded what loans qualify to be refinanced by the SBA 504…
Category: SBA
SBA Lending Options & Benefits in the Current Market
Listen to Audio Segment of Brad on Real Estate Revealed Here: http://commerciallendingx.com/wp-content/uploads/2021/04/Real-Estate-Revealed-Clip-2.28.2021.m4aBrad Hettich on Real Estate Revealed, Sunday, February 28, 2021Transcript of Real Estate Revealed Show on AM560from Sunday, February 28, 2021Good Morning. As always it is a pleasure being here. It is especially nice now that we have warm weather, and the snow is melting.This morning…
SBA in the Spot-Light
As a rule, most business owners have always preferred to borrow money directly from commercial banks or other funding sources without going through the hassle of securing government assistance. When it comes to SBA financing many business owners think the process is long and arduous. Although the process can be slightly longer and certainly some…
What to Know About the 2018 Changes to SBA Loans | Commercial Lending X
What to Know About the 2018 Changes to SBA Loans Learn more about the 2018 changes to SBA loans Are you looking to start or expand your business with a loan? You might be considering getting one that’s guaranteed by the Small Business Administration (SBA), which works with lenders to provide loans to…
SBA 7A & 504 Loan Benefits
***Blog content updated by Brad Hettich on September 30, 2020*** We want to continue to promote how important SBA lending is at this juncture. The two main SBA loan programs, the SBA 504 and SBA 7A loan programs, put lenders in the position where most of the risk related to a transaction is taken off…
SBA Financing Options May Be Affected by the Sequester
The media is filled with stories about the different ways the Sequester is going to effect each and every one of us in our everyday lives. And whether you believe all of the doom and gloom or not about what the sequester might bring, sure enough some cuts are going to have an impact. Unfortunately…