February 12, 2021 By karenschimpf@gmail.com Commercial Realtors, please join us for our monthly Cedar Park Commercial Property Exchange. We meet every third Wednesday of the month to exchange property and buyer information. Bring your flyers to pass out your information. CLOSED TO VENDORS Meeting Date: Third Wednesday of Every Month, February 17th, 2021 Time: 8:30 – 10:00 […]
SBA Issues Procedural Notice that may affect your loan
SBA Issues Procedural Notice that may affect your loan The link will take you to SBA document https://cdn.ymaws.com/www.naggl.org/resource/resmgr/policynotices_2021/5000-20095_Adjustment_to_Num.pdf The most important piece is below: New Loans Approved Beginning on February 1, 2021 and Ending on September 30, 2021 For a new 7(a) loan, 504 loan, or Microloan approved during the period beginning on February 1, 2021 […]
Commercial Equity Loan
Commercial Equity Loan! You know the situation…..client owns a property that cash flows nicely and has appreciated in value but it has a HUGE pre-payment on it like Defeasance or Yield Maintenance. You don’t want to sell it yet and the large pre-payment penalty prohibits you from refinancing. What do you do? How about tapping […]
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