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10-20-2023, 01:33 PM #1
Reputation points: 10
- Join Date
- May 2023
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- 47
SBA 7A Lender
I have a client who owns a construction company, does about $600K-$1M monthly, and has only been in business for 1.3 Years (No business tax returns). We have 2 separate invoices for equipment totaling $160K. We are in the final stages of underwriting and the client decided he wants to entertain an SBA option. His credit scores are all around 730, what are the current rates with SBA right now and would he qualify? I know Prime is 8.5%
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