The place to get the latest information on the SBA 504 Loan Program, alternative small business financing, and other useful tips.

What’s Going on With the 504 Loan Program?

2018-06-07T18:24:12+00:00

What's Going on With the 504 Loan Program? There's something about the SBA 504 loan. • The numbers seem to work. Borrowers put down as little as 10 percent. Rates are low and fixed -- 20 years for real estate uses and 10 for equipment purchases. Banks finance half the amount, with a guarantee [...]

What’s Going on With the 504 Loan Program? 2018-06-07T18:24:12+00:00

2016 SBA Lending Outlook

2018-06-07T18:34:28+00:00

2016 SBA Lending Outlook BA lenders indicate they continue to be optimistic about business prospects for the 2016 fiscal year, which starts today, and although confident about the outcomes, they are less sure about the elements that will make loan growth certain. A solid 100% of those responding to the SBA Lending Outlook Survey [...]

2016 SBA Lending Outlook 2018-06-07T18:34:28+00:00

SBA 504 Rate Drops

2018-06-07T18:42:46+00:00

SBA 504 Rate Drops SBA’s two recent fee reductions on 504 loans allow you to keep more of your hard-earned money. What changed? SBA Guarantee Fee was slashed to ZERO, down from 0.50%. This is NOT the bank participation fee, but rather the one-time charge to the borrower, assessed as part of the debenture [...]

SBA 504 Rate Drops 2018-06-07T18:42:46+00:00

SBA Loan Application Checklist

2018-06-07T18:08:08+00:00

SBA Loan Application Checklist CDC/504 Loan Application Process Once you have decided to apply for a loan guaranteed by the SBA, you will need to collect the appropriate documents for your application. The SBA does not provide direct loans. The process starts with your lender, working within SBA guidelines. Use the SBA loan application [...]

SBA Loan Application Checklist 2018-06-07T18:08:08+00:00

504 Rate History

2018-06-07T18:58:50+00:00

504 Rate History SBA 504 LOAN PROGRAM INTEREST RATES The SBA 504 Loan Program provides our borrowers with an attractive financing solution by dividing the loan into two parts: The First Mortgage is provided by NonBank Lender and is approximately 50% of the total amount needed; The Second Mortgage is provided by the SBA, [...]

504 Rate History 2018-06-07T18:58:50+00:00

How Do Commercial Construction Loans Work?

2018-06-07T18:19:33+00:00

How Do Commercial Construction Loans Work? The SBA 504 Loan - Commercial Construction Loans The SBA 504 Commercial Construction Loan allows Small and Mid-Sized Businesses to build an "owner occupied" commercial property from the ground up or to expand an existing facility. "Owner Occupied" for SBA construction loans means your business occupies 60% or [...]

How Do Commercial Construction Loans Work? 2018-06-07T18:19:33+00:00

How Non-bank Lenders Can Serve Small Businesses Better

2018-06-07T19:02:55+00:00

How Non-bank Lenders Can Serve Small Businesses Better During the recent recession, many traditional financing options for small businesses dried up. Even when the economy started to rebound, banks increased loans to large businesses while scaling back financing for small businesses. Small businesses owners have struggled to secure financing, and as a result, hopeful [...]

How Non-bank Lenders Can Serve Small Businesses Better 2018-06-07T19:02:55+00:00

7 SBA Loan Programs For Small Business Owners

2018-06-07T19:06:13+00:00

7 SBA Loan Programs For Small Business Owners Where can you go when the bank turns you down? For many small business owners, the answer is the U.S. Small Business Administration (SBA), whose loans often have less stringent requirements for owner’s equity and collateral than commercial loans, making the SBA an excellent financing source for [...]

7 SBA Loan Programs For Small Business Owners 2018-06-07T19:06:13+00:00

How Does a Commercial Real Estate Loan Work?

2018-06-07T19:13:41+00:00

How Does a Commercial Real Estate Loan Work? Financing your commercial real estate purchase can be daunting, but it doesn’t have to be. At NonBank Lender we educate our clients to ensure they understand the process from start to finish. Knowledge takes the guesswork and uncertainty out of the process of obtaining a commercial [...]

How Does a Commercial Real Estate Loan Work? 2018-06-07T19:13:41+00:00