An attractive resource for business and commercial real estate borrowers SBA 7(a) lending is a fantastic resource for borrowers in industries including hospitality, medical, assisted living/skilled nursing, retail, manufacturing restaurants and more. Its name comes from the narrative section of the Small Business Administration Act, which authorizes the agency to fund small business. Appl...
Read More28 Sep Fixed vs Floating Rate what’s better for SBA borrowers? SBA offers financing through a lot of different programs; each with its own peculiarities and specificities. While all financing products are equally important and crucial, 7(a) and 504 are two of the most popular programs as they offer flexibility, lower down payments, and favorable prepayment terms. Even though most business ow...
Read MoreCINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged acquisition financing of for a distributor of industrial electrical heating elements, controls and automation products. The transaction was structured as an SBA 7a loan, with a 10-year fully amortizing loan schedule. For more than 25 years, Gerard ...
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