SBA Commercial Real Estate

Are you currently leasing or renting an existing business location? Is that location not meeting the needs of your growing business? Do you need financing to either purchase, refinance or construct a new location? Both the SBA 7a and SBA 504 loans provide long term financing from between 20-25 years with balloon payments that traditional commercial loans have.

See the benefits of SBA financing as compared to traditional commercial financing:

SBA 7a LoanSBA 504 LoanConventional Loan
Loan term-25 yearsLoan term-20 yearsLoan term – 3/5 years
Loan Amortization-25 yearsLoan Amortization-20 yearsLoan Amortization – 15/20 years
10% equity requirement10-20% equity requirement25-30% equity requirement
90% financing80-90% financing70-75% financing

Want to know if you qualify to buy a new commercial real estate by using an SBA loan?  Contact Tom Meyer at: 847-899-3793 or click below to send a message.