SBA 504 Interest Rate Hits All-Time Low . . . AGAIN.

  7 comments

7 Responses to “SBA 504 Interest Rate Hits All-Time Low . . . AGAIN.”

1. Gene Josephs CEO GSS Says:
   October 19th, 2009 at 10:10 am

   Chris, —I may have a good lead for financing of owner occupied building approx $1 mil here in Orlando—will let you know—

2. Dennis Hiffman Says:
   October 19th, 2009 at 10:41 am

   I am a 1/3 owner of a small bar/resturant in downtown Chicago. My son and I want to buy out our operating partner and one other investor, which will give us 95% ownership. We have owned this operation for 27yrs and it is in need of some improvements, including the operating partner who is tired and worn out. We would be looking for 3 to 500,000 dollars to complete the buyout and to execute the going forward business plan.
   I would be interested in seeing if there is a program that would fit this situation.

3. Chip Swann Says:
   October 19th, 2009 at 11:05 am

   Thats great. Now get the government to change the rules so I could refinance the building i am in.

4. Chris Hurn Says:
   October 19th, 2009 at 1:21 pm

   Working on it, Chip.

5. Braudis Lee Pegram Says:
   October 19th, 2009 at 5:17 pm

   Yes Chris, I saw it coming: http://blog.kohresources.com/record-low-interest-rate-of-4-86/

   Have a 1MM deal for you in NJ; but I would really like to see you start lending in MI. Talked to a CDC in MI who was under the impression you did.

6. Buddy McClelland Says:
   October 20th, 2009 at 9:18 am

   Looking to expand and move from my 8 acre farm place into a commercial building. Not sure I can afford to do it and yet feel with opportunities like they are I may not have as good a chance to aquire property. Any suggestions?

7. OSCAR Says:
   November 17th, 2009 at 4:17 pm

   NEED ABOUT 1,500,000 TO PURCHASE A BUILDING THAT IS BEING USED BY MY CLIENT AS A DAYCARE CENTER WITH RENT OF 7300.00 PER MONTH. ARE THE ONWERS ALLOWED TO HOLD A 2ND MORTGAGE UNDER THIS PROGRAM?

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