Small businesses looking to fuel growth through new property or renovations have a valuable ally in the U.S. Small Business Administration’s (SBA) 504 Loan Program. This program isn’t just cash – it’s a pathway to long-term, fixed-rate financing secured by the SBA, unlocking opportunities for your business to acquire fixed assets like real estate or...
Tag: commloan
Rise of the Data Detectives: Can Your CRE Project Pass the Algorithm Test?
Hey there, future CRE mogul! Remember those days when getting a loan for your commercial real estate was as easy as having a good credit score and snagging a prime location? Yeah, those days are about as dusty as an old banker’s rolodex. Today’s CRE loan game is more like navigating a desert – sand...
Five Dragons You Must Tame: Conquering Commercial Property Finance
Owning commercial property unlocks potential, but the path to closing a loan can be bumpy. Fear not, intrepid investors! Let’s shed light on 5 common roadblocks and how to smooth the ride: Funding Frustration: Finding the right lender amidst a vast landscape can be overwhelming. Sorting through eligibility criteria, interest rates, and terms can leave...