Apr 23, 2021
In this episode, we talk about the initial information and
documents that you will need to get the process started with SBA
financing. There are many benefits with SBA loans and the SBA is an
innovative high-leverage way of getting your business financed.
§ As low as 10% down for total project financing, including the
purchase of land with ground-up construction or the purchase of an
existing building with renovations.
§ All costs associated with construction or renovations can be
included in the loan (no break-out required). Contingencies and
soft costs may also be included.
§ Below-market FIXED interest rates with payments fully-amortized
over 25 years, no balloon
§ No additional collateral required: Projects usually secured by
the subject property utilizing an “as proposed” appraisal
evaluation.
As always, edit the video, upload it to YouTube, unlisted. Let me
know when you've done that.
If you'd like to meet with Beau to talk financing, book a
call here
( http://bookwithbeau.com/ )