With the June 2020 debenture pricing, we are seeing record low rates for SBA 504 loans. Small business owners looking to refinance, purchase equipment or build/buy/renovate commercial real estate will find the SBA 504 Loan’s 25-year and 20-year fixed interest rates...
The Office of Advocacy, an independent office within the U.S. Small Business Administration, today released the Small Business Profiles for the States and Territories. Each year, Advocacy’s economic research team gathers the most recent government economic data to...
We are a couple of months into this COVID journey and, for some, the closures will continue for at least a bit longer. It seems like we’ve lived a lifetime during this relatively short period of time though. Major disaster assistance initiatives have been...
A question we get asked often is, “Can I refinance my commercial mortgage with an SBA Loan?” The answer is Yes! There are many reasons to consider refinancing an existing commercial mortgage loan. You might have a balloon payment coming up, you might be...
With the September 2019 debenture pricing, we are seeing very low interest rates for SBA 504 loans. Also, SBA 504 effective rates are sharply lower than Prime Rate despite the Federal rate cut in July. While no one knows where interest rates will go, the fiscal...
The SBA is set up to help all small business owners get financing to start or grow their businesses. Yet, while the SBA doesn’t discriminate, it does have a vested interest in helping more women business owners get SBA loans. Women in Business – Stats...
