SBA Loan
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  1. #1
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    SBA Loan

    Who can do SBA's over 2million?

  2. #2
    What State?
    Jeff Hartman
    Bell Capital Funding

    Sr. Loan Advisor

    jeff@bellcapital.us

    www.bellcapital.us

  3. #3
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    Quote Originally Posted by Sachip24 View Post
    Who can do SBA's over 2million?
    We fund SBA in all States - Do you have a specific client or making a general inquiry?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  4. #4
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    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

  5. #5
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    Quote Originally Posted by RichardGerard View Post
    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
    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?

  6. #6
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    Quote Originally Posted by Sachip24 View Post
    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?
    ..


    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..

  7. #7
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    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

  8. #8
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    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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