What does the SBA 7(A) loan offer?

By
Mortgage and Lending with Webster Bank 49493

Here is a brief summary of what the SBA 7(A) loan might do for you.

 

Purpose - Working capital, refinance, business acquisition, real estate purchase/construction. Purchase inventory or equipment.

Loan Amounts - $350,001 to $5,000,000.

Collateral - Commercial real estate, inventory, FF&E (furniture, fixtures and equipment).

Term - Varies, up to 25 years.

Rate - Fixed or variable rate.

Loan to value (ltv) - Varies, up to 90%.

 

When looking for a new commercial mortgage, consider speaking with a commercial mortgage broker who should be able to give you several loan products to think about.

 

Jason

 

 

Posted by

 

Jason E Potrzeba

Loan Advisor

Acadia Advisory Group

Riverside RI 02915

(401) 580-7612 Cell

(401) 223-4975 Fax

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Jason Potrzeba

Mortgage Banking Officer
I can help! What do you need a commercial mortgage for?
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