Small Commercial Expert: June 2011

SBA 504 Refinance Loan Program, Atlanta, GA, SBA 504 Refiance Loan

SBA 504 Refinance loans are available for existing businesses and may be used to refinance real estate mortgages that may be coming due.  The SBA 504 refinance loan program has been expanded for a few years to give business people and commercial property owners a little breathing room while the banking system and real estate industry recovers from a near collapse.

The SBA 504 refinance loan maximums have been raised.  Even the SBA 7(a) loan maximum has been raised.  Now the SBA 504 loan can be up to $5 million up from $2 million.  The program supports a project total of up to $12.5 million. 

The SBA 504 refinance program also makes higher limits available for manufacturing, up to $5.5 million supporting projects up to $13.75 million.  Furthermore the program also extends SBA 7(a) loan amounts to a whopping $5 million.

Other great features include:  (1.) 90% LTV for the SBA 7(a) loan program;  (2.)  Reduced fee and elimination of some fees for the SBA 7(a) and SBA 504 refinance loan program;  (3.)  Expansion of the micro loan program for small business

The SBA 504 refinance loan is great for business owners that own the real estate that they operate their business from ... especially those with loans that are due to mature within the next 6 to 18 months!  The standard SBA 7(a) loan and the traditional SBA 504 loan are great for businesses that want to own real estate.

To find out how these special programs can help your business contact Dividend America for a no cost, no pressure consultation.  We'll teach you all you need to know about these great programs and help you make the decisions that will keep your business growing!

Call Michael Gross at 404-819-4511 or email Michael at mgross@dividendamerica.com  For more great information visit us at Dividend America.com

Atlanta, Georgia

Phoenix, Arizona

Atlanta, GA

Phoenix, AZ

 

Comment balloon 0 commentsMichael Gross • June 29 2011 10:11AM
SBA 504 Refinance Loan Program, Atlanta, GA, SBA 504 Refiance Loan
share
SBA 504 Refinance loans are available for existing businesses and may be used to refinance real estate mortgages that may be coming due. The SBA 504 refinance loan program has been expanded for a few years to give business people and commercial… more
How to apply for a SBA Loan, US Small Business Administation Office,…
share
How to apply for a SBA Loan There are many ways a business person can do this. Some people say to start the application at the US Small Business Administration Office Surely you'll find some experts that can help you there, but there is a… more
SBA 504 Loans, Atlanta, GA, SBA Loans Today, SBA Answers, SBA FAQ
share
SBA 504 loans are becoming very popular. With lending still stuck in the doldrums and banks unwilling to make loans even SBA loans can be hard to get approved. If you are seeking an SBA 504 loan and your bank has turned you down there can be many… more