September 27, 2022

The following article will help you determine when you should refinance your self-storage loan. When it comes to loans for self-storage facilities, there are a lot of things to consider. One important decision is when to refinance. There are many reasons why you might want to refinance your self-storage business. Remember, too, that timing is

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September 24, 2022

In this article, we will answer the question, “Is there an SBA 504 prepayment penalty?” Is there an SBA 504 prepayment penalty? When a small business owner takes out an SBA 504 loan, they are usually doing so with the intention of holding onto the property for the long term. However, life happens and sometimes

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September 22, 2022

In this article, you will learn whether the SBA 7a loan program requires a down payment or any out-of-pocket costs by the borrower. Does the SBA 7a Loan Have a Downpayment? The short answer is “maybe.” Let’s explain. If you are considering taking out a loan for your company, one of the questions that automatically

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September 21, 2022

In this article, we are going to explain how interest rates for SBA 504 loans are determined. The Small Business Administration (SBA) offers several loan programs to help small businesses get the financing they need. One of these programs is the SBA 504 Loan Program, which provides long-term, fixed-rate financing for major capital investments. So

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September 20, 2022

In this article, you will learn all about using an SBA 504 loan to finance a private school. Public education in the United States is funded primarily through property taxes collected by each state. School districts are distributed money to fund building new schools, maintaining existing schools, and for paying teacher and staff salaries. Money

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