SBA Lending - The New Standard Operating Procedure and the Changes to Be Aware Of

As of August 1st, 2023, the new Standard Operating Procedure (“SOP”) for SBA lending (Small Business Administration Loan Programs) went into effect.  There were many changes in the new SOP which impacts the SBA lending programs quite substantially.  And as with any government related program, not all of the changes have been fully flushed out…

Owner-Occupied Commercial Properties - Can I Qualify for SBA 504 Rates Below 3.00%?

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…

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…