Results 1 to 8 of 8
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01-30-2018, 04:58 PM #1
- Join Date
- Jan 2014
- Posts
- 1,380
SBA Loan
Who can do SBA's over 2million?
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01-30-2018, 07:11 PM #2
What State?
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01-30-2018, 08:19 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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01-31-2018, 07:48 AM #4
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
The SBA 7a program goes up to $5M in all 50 states (and up to $5.5M for Manufacturers).
Remember the amount a client is eligible to borrow is commensurate with collateral.
Feel free to touch base. We can definitely assist and have a Pre-qualification letter in hand within 24 hours (if the client meets necessary requirements).
Richard 516 510 3855
www.businesscapitalconsultants.com
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01-31-2018, 10:39 AM #5
- Join Date
- Jan 2014
- Posts
- 1,380
Yes will be in touch very soon Richard. Client is in the state of California, excellent credit, more then enough collateral. He does have one SBA currently for 1.7 which was used to purchase building one of his businesses operates out of. The building is worth almost 6m now. Is there such thing as having 2 SBA's or is that a deal killer?
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01-31-2018, 10:49 AM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
..
Not necessarily a deal killer. We can restructure 7A with a 504, however we need to fully understand the rate and DSCR on the old note before we can make a recommendation. SBA is more expensive that many traditional lenders with Real Estate. Perhaps we can do a straight refi on the RE and analyze the other portion of the equation..
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01-31-2018, 02:37 PM #7
- Join Date
- Dec 2013
- Posts
- 4,713
Jared at united capital source!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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02-02-2018, 07:09 PM #8
- Join Date
- Jan 2015
- Location
- Laguna Beach
- Posts
- 464
I'm in cali and can definitely help with this. Especially if it's complicated (which the big ones usually are)!
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