One thought on “What is the most common question or concern you get from borrowers regarding an SBA 504 loan?

  1. Arti says:

    Also, they often view the 504 loan prepayment penalty as onerous. Yes, this is possible. Borrowers seem to think 504 loans are more complicated and harder to qualify for compared to 7a loans. Borrowers are typically concerned that the process will be long and difficult because they will need approval from the bank, CDC, and the SBA. These loans require only a 10 percent down payment by the small business owner and funding amounts range from $125,000 to $20 million. An SBA 504 loan is commercial real estate financing for owner-occupied properties.

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