Picture The loan came into our private money fund for an SBA BRIDGE LOAN, our specialty, with a request for 90% LTV. We closed the loan in eight (8) days, but we could have closed it in five (5). The title took five (5) days to get to us because of a glitch in their […]
Funding Alternatives Amid SBA Shutdown
Picture As you know, with the government shut down, SBA loans are essentially at a standstill. We can still work, clear conditions, and get loans ready for funding when the government re-opens, but until then, no new SBA loans will close unless they already have a funding number in hand. That being said, deals still […]
Funding Solutions While SBA is Stalled
Picture As you know, with the government shut down, SBA loans are essentially at a standstill. We can still work, clear conditions, and get loans ready for funding when the government re-opens, but until then, no new SBA loans will close unless they already have a funding number in hand. That being said, deals still […]