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The video discusses interest rates and terms for an SBA 504 construction loan. The SBA portion of the loan has a fixed rate for 25 years, currently at 5.88%. The bank's first lien is priced by the individual lender, with the bank in the video offering a 33-year term, first three years interest-only, and a prime plus one rate. The interest-only period effectively makes the interest rate 1.5 to 2 points lower. The video offers to book a call to discuss SBA financing options for various purposes, such as buying a franchise or building a new office building.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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The video discusses interest rates and terms for an SBA 504 construction loan. The SBA portion of the loan has a fixed rate for 25 years, currently at 5.88%. The bank's first lien is priced by the individual lender, with the bank in the video offering a 33-year term, first three years interest-only, and a prime plus one rate. The interest-only period effectively makes the interest rate 1.5 to 2 points lower. The video offers to book a call to discuss SBA financing options for various purposes, such as buying a franchise or building a new office building.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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