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balloon payments | Credit Lynk

504 Loans

Loan terms on the first mortgage portion (usually 50% of the total project costs or 56% of the actual loan amount) are usually 25 years with no balloon payments and loan fees more inline with conventional lending than with other SBA programs. And if all of that wasn’t good enough, borrowers generally put a third Read more about 504 Loans[…]

SBA 504 Loans

SBA 504 loans are tailor-made for business owners who want to acquire or develop their own facilities. Forget everything you’ve ever heard about the U.S. Small Business Administration (SBA). Wipe the slate clean. The negative connotations may have been warranted in the past, but the SBA is different these days. It’s no longer a four-letter Read more about SBA 504 Loans[…]

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