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04-30-2020, 09:23 AM #1
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
SBA/USDA Lending
SBA / USDA Lending
(Real Estate & Non Real Estate)
SBA 7A / USDA B&I
*Refinance, Purchase, Inventory, working Capital, Expansion
*Maximum Loan Size - $5 Million with SVA 7(a) & USDA B&I
*Maximum LTV - 90% Loan to Project Cost
*Maximum Loan Terms - 10 to 25 years
*Balloon Payments - None
*Interest Rates - Prime + 2.00 to 2.75% for SBA 7(a)
*Funding time - 30 to 60 days
*SBA Guarantee Fee - 2.4% to 2.6% depending on loan size
USDA B&I (General Minimum Loan Size - 1 $ Million )
Use this tool for potential eligible properties:
https://eligibility.sc.egov.usda.gov...Action=RBSmenu
**SBA Selling Feature - For loans made after March 27, 2020 and fully disbursed prior to September 27, 2020, SBA will begin making payments with the first payment due on the loan and will make six monthly payments.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
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