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...

December Falling Interest Rates and Happy Holidays

December Falling Interest Rates and Happy Holidays

Everyone at GTCC wants to wish you and your family health, happiness and prosperity in the coming year.  We look forward to assisting you with the SBA 504 Loan Program by providing the best long-term fixed rates for owner-occupied real estate and equipment.