SBA 504 Rates

SBA 504 Rates

In this episode, titled "SBA 504 Rates," we cover some important points that every investor should know:

1. The two-step process: Understand how the bank initially funds the senior loan and SBA loan, and how the debenture happens 30 to 45 days later, locking in the rate for a 25-year fixed term.

2. Negotiable rates: Learn about negotiable loan products with banks or credit unions for construction projects and how rates become fixed upon the Certificate of Occupancy.

3. Monthly rate updates: Discover how the posted debenture rate changes monthly and how we're committed to keeping you informed through our monthly video updates.

4. The breakdown of the loan: Get insight into the composition of a 504 loan, with the senior loan making up 50% and the SBA guaranteed piece covering the remaining 50%.

5. Working with experts: Learn how we can help you navigate the complex process, from packaging the deal to finding the best rates and terms, right up until closing the deal.

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

Timestamps:
(00:04) Explanation of the debenture process and rate lock.
(01:23) Discussion on the negotiability of rates, especially for construction projects.
(01:52) Monthly update of debenture rates and the structure of SBA 504 loans.
(02:38) Overview of the role of the CDC (nonprofit organization) and the two underwriting processes for SBA 504 loans.
(03:09) Details about the prepayment penalties, negotiation of senior lean terms, and the assistance provided by the speaker's firm.
(03:46) Recent rate changes and helping you navigate the loan process.

💥 Thanks for watching 💥
#sba504rates #SBA504#loanterms

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.