We are actively seeking to assist our business associates and clients in producing the most comprehensive SBA 504 loan request packaged in the industry.
We are currently representing SBA 504 lenders that are actively lending to small and middle market business owners to finance or refinance their commercial real estate needs. We assist and work with commercial real estate agents and brokers as well as business specialists including CPA’s and business brokers who represent the small business community.
AMAGF will help you through every step of the packaging process including determining the eligibility of the business and owners, education of how the SBA guaranteed loan program works and the documentation requirements of the business and its principals. The SBA 504 loan program deals strictly with the commercial real estate component of your business operations.
Loan sizes for SBA 504 Program
- Gross loan amounts are up to $12 million
- Up to 90% loan to value
- Existing Commercial Real Estate purchases for owners who will occupy
- New Construction of Commercial Real Estate
- Refinancing of Existing Real Estate
- For owner/user who occupy >51% of the commercial space.
Typical Terms and Conditions that Apply
- 10-20% Down Payment or Equity Needed
- 20-25 year amortization with no balloon payment
Along with the SBA 504 Loan program for commercial real estate purchases it is not uncommon for commercial mortgage brokers to receive inquiries from foreign nationals who are interest in investing in the U.S. commercial real estate market. Many of these investors also may be interest in turning the investment into a business that creates jobs and offers a route to receive permanent residency in the U.S.
To appropriately cater to this client niche, commercial mortgage brokers must be aware of how to work with the EB-5 Program, created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. The commercial mortgage broker should also be aware that each lending institution or regional center has specific policy that defines the type of business using the business NAICS Codes as well as the geographical areas or the Targeted Employment Areas.
Let AMAGF and its knowledgeable staff assist you with our commercial packaging and lender referral services. Contact us or Become a Member Today!