One of the most widely used loan types the SBA offers are business acquisition loans. Much like my February commercial real estate article explained, SBA loans for business acquisitions generally allow for lower down payments, longer loan terms, and less restrictive loan requirements than a commercial loan. That said, generally, if you do not want...
Tom Maiale
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SBA Loans vs. Conventional Financing
February 15, 2018 by Tom Maiale
To a novice borrower, the SBA lending world can oftentimes be quite confusing, and borrowing can seem a daunting task. But, with the right SBA lender, the process can be manageable and, in most cases, very similar to that of a conventional loan. In this article, I will be discussing commercial real estate purchases; however, many of these concepts...
Topics: Business Banking