Comparing SBA 7a vs SBA 504: Which is Better for an Office Building Purchase?

Comparing SBA 7a vs SBA 504: Which is Better for an Office Building Purchase?

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Q: What are the advantages of choosing the SBA 7a over the SBA 504 when acquiring a building
for my office? I am a CPA looking to get away from paying rent. Thanks.

Joanna

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Timestamps:
(00:23) Question from Joanna about SBA 7a vs SBA 504
(00:43) Discussion on the advantages of SBA 7A over SBA 504 for office building acquisition.
(01:17) Exploring the benefits of SBA 7A, including flexibility, prepayment penalty, and funding options.
(01:58) Variable rates for SBA 7A and amortization periods for both loans.
(02:20) Advise on the situation-based nature of the decision

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#SBA7avsSBA504 #SBA7A #SBA504

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

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