As mentioned in our Ultimate Guide to SBA Loans , there are two main types of SBA loans: 7A loans and CDC / 504 Loans. SBA 7A loans can be used for quite a lot of functions, while CDC / 504 loans are particularly for the acquisition of actual property.
If you are out there for business real property and will occupy at the very least 51% of the area, it’s possible you’ll be a good candidate for an SBA 504 loan. We suggest working with Liberty SBF for SBA 504 loans. If you’ve gotten credit rating is above 680 ( verify right here totally free ), you’ve got been in business 4+ years, are worthwhile, and wish greater than $1,000,000, converse with Liberty SBF right this moment.
Credit rating: While some lenders place extra inventory in credit score scores than others, they all take the scores into consideration. Having … Read more