SBA 504 Experts Need YOUR Help with YOUR Bank . . .

  9 comments

9 Responses to “SBA 504 Experts Need YOUR Help with YOUR Bank . . .”

1. John Hart Says:
   November 17th, 2009 at 2:49 pm

   We are aware of the program and have mentioned it in several situations. We have not had many situations that have needed it, but we will keep our eyes open for one.

2. Paul Ferruzza Says:
   November 17th, 2009 at 3:33 pm

   Your doing a great job, we have a Closing together on Dec 1st, thanks to Adam for all his help. Looking forward to the next transaction.

3. Sam Talbert Says:
   November 17th, 2009 at 3:56 pm

   I have several clients looking for loans. Please call me or Email me and I will give you thier particulars.
   Sam

4. Mike Culhane Says:
   November 17th, 2009 at 8:29 pm

   Hey Guys,

   I'm a new commercial broker and I would like to talk with someone in detail about your 504 requirements and what your looking for in one of these loan packages. I'm looking to develop a relationship with MCC and will work tirelessly to bring you solid deals. Who can I speak with? Please advise…thanks.

   Mike Culhane

5. J. Steven Says:
   November 18th, 2009 at 12:40 am

   Chris: Great idea, and pardon me for being ignorant but If I'm bringing in referrals from a deal the bank doesn't want to do but would like to service their clients, just how would you suggest is the best way to earn a commission for myself.

   Thanks

6. Shonda Brand Says:
   November 18th, 2009 at 9:30 am

   HI I THINK THIS IS SUPER!!!! I'M All FOR IT.

7. B. T. Elmer Says:
   November 18th, 2009 at 3:38 pm

   Please send a copy of what was sent out to banks.

   I don't know if you covered banks in the up-state New York area or not and would like to discuss with several banks in our area.

   Thanks

8. Joe Welnack Says:
   December 7th, 2009 at 4:15 pm

   Banks that are still lending don't seem to care for the SBA 504 because they can't earn the fees they used to on commercial loans.

   My bank is "closed" for all commercial lending even on excellent credit with staggering LTV propositions. They are simply too darned conservative to partner up with the government. The problem facing community banks down the road is that they will be continuing to deal with problem loans after their good customers have paid off their obligations.

   Reaches a point of diminishing returns.

   Sad situation.

9. Ob Says:
   January 11th, 2010 at 1:18 am

   I was kind of disappointed when i read the list of properties you can invest in. My nitch is multifamily apartments, can sba 504 work for this property class?
   Also, what is the credit requirement of the principal(s) in the case of an apartment loan request? Waiting for an answer
   Thank you

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