Fountainhead
SBA 504 Rates Drop to Record Lows
It has been a great month for the SBA 504 program as interest rates have dropped to historic lows. In a June 13th Fountainhead Commercial Capital release, its CEO Chris Hurn stated, “For the first time since the inception of the program 35+ years ago, the 20-year fixed rate has dropped below 4%. The June [...]
Business Property Construction Loans
At some stage of your company’s development you may consider purchasing your own business location. It’s an exciting prospect to be your own landlord and build real estate equity as your business grows. But what happens when you can’t find the perfect property to meet your needs? Constructing a business property from the ground up, [...]
SBA Loans for Borrowers with Bad Credit
SBA or Small Business Administration loans can be a great, low interest rate financing option for small business owners. There are also a ton of SBA lenders to choose from that specialize in different things. The problem with almost all SBA lenders is that they focus on borrowers with credit over 680 who have above [...]
Stated Income Loans vs. Full Documentation Loans
In your search for commercial real estate or investment residential real estate financing you may have encountered the terms “stated income loans” or “full documentation loans”. This terminology has to do with how a lender will underwrite your application for financing, meaning what type of documentation they will require from you to consider approving your [...]
The Benefits of SBA Financing
SBA is an acronym for the Small Business Administration which is a government agency that guarantees small business loans. A common misconception is that the SBA actually makes loans to businesses directly, when really it is independent bank and non-bank lenders as well as CDCs (Certified Development Companies) that provide the financing. In the event [...]