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Beau talks about understanding the draw schedule of SBA 504 construction loans in the video. Contractors are paid once a month towards the end of the month, after submitting their invoices throughout the month. There may be some lien waivers that need to be researched before payment. The SBA 504 loan can also fund FF&E (Furniture, Fixtures, and Equipment) for long-term equipment.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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Beau talks about understanding the draw schedule of SBA 504 construction loans in the video. Contractors are paid once a month towards the end of the month, after submitting their invoices throughout the month. There may be some lien waivers that need to be researched before payment. The SBA 504 loan can also fund FF&E (Furniture, Fixtures, and Equipment) for long-term equipment.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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