Loan Calculator
BLP Logo

The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a BLP financial professional prior to relying on the results.

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. This calculator does not calculate the Annual Percentage Rate or Average Prime Offer Rates. BLP does not guarantee any of the information obtained by this calculator.

CONTACT US
What are the advantages of the 504 program? - BLP - Business Lending Partners
13318
ufaq-template-default,single,single-ufaq,postid-13318,mkd-core-2.1,mikado-core-2.1,ajax_fade,page_not_loaded,,onyx child-child-ver-1.0.0,onyx-ver-3.4.2, vertical_menu_with_scroll,smooth_scroll,side_menu_slide_from_right,e-lazyload,elementor-default,elementor-kit-8101

What are the advantages of the 504 program?

Compared to conventional commercial financing, the SBA 504 program helps borrowers reduce their down payment and fix the interest rate on a portion of the financing for up to 25 years at a rate that is typically below-market. For lenders, risk is reduced as the primary lender will typically lend 50% of the cost while SBA bears most of the collateral risk with a subordinate lien position.

Category: SBA 504
Tags: Business Owners, Lenders and Brokers
No Comments

Post a Comment