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In this video, Beau Eckstein discusses the maximum loan amount for an SBA 504 construction loan. He notes that the answer is on a case-by-case basis, but it is possible to get loans of 17-18 million dollars.
The SBA allowance is used up before the bank's first lean, which can be higher than 50%. Therefore, this allows for higher loan amounts. Bo mentions that some CDC websites claim loans up to 20 million dollars are possible if the first lean lender takes additional risk. However, this is only attainable if it is a strong sponsor and deal.
Beau Eckstein offers to discuss SBA financing, including the 7A and 504 loans, for various business purposes, such as startups, franchise purchases, office building construction, and business expansion. He also offers to provide solutions and walk people through the SBA loan process. If people have any questions about other types of financing.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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In this video, Beau Eckstein discusses the maximum loan amount for an SBA 504 construction loan. He notes that the answer is on a case-by-case basis, but it is possible to get loans of 17-18 million dollars.
The SBA allowance is used up before the bank's first lean, which can be higher than 50%. Therefore, this allows for higher loan amounts. Bo mentions that some CDC websites claim loans up to 20 million dollars are possible if the first lean lender takes additional risk. However, this is only attainable if it is a strong sponsor and deal.
Beau Eckstein offers to discuss SBA financing, including the 7A and 504 loans, for various business purposes, such as startups, franchise purchases, office building construction, and business expansion. He also offers to provide solutions and walk people through the SBA loan process. If people have any questions about other types of financing.
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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