News

SBA SMALL DEFINITION JUST GOT BIGGER

SBA SMALL DEFINITION JUST GOT BIGGER

The SBA recently updated its standards of classification for small loans, demonstrating once again that most all companies are classified as “small”.  Tangible Net Worth can’t exceed $20million (up $5million from $15million) and Average Net Income after...

ANOTHER MONTH OF DECLINING RATES

ANOTHER MONTH OF DECLINING RATES

January was the fourth consecutive month of declining rates for the SBA 504 Loan Program, the best financing solution for owner-occupied real estate when purchasing or refinancing. Minimize your credit risk and provide your client up to 40% fixed rate financing on the...