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11-01-2023, 04:45 PM #3Senior Member
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- Join Date
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Just asking why BMO? Why would they be any better than some of the other flexiable non bank lenders?
Just to be clear, SBA bank lenders want to be secured by owner occupied commercial property. Non bank lenders can use personal assets as weell as business assets to collateralize a SBA loan.Last edited by Olderguy; 11-02-2023 at 12:10 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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