SBA 504

For Real estate only, generally purchase only. No cash out. No projections allowed, must be historical cash flo. This is a 50% first with a bank, a 40% second from the SBA. Thes loans are much tougher to get done then 7A.

Rest of the rules are similar:

51% O/O
620min. score
1.2 DSCR, personal must cash flow
Will go to 90% LTV, 10% must be from the borrower's own seasoned funds, etc.
Loan amounts can now go up to almost $9 Million

GUARDIAN ACCOUNTING & FINANCIAL SOLUTIONS LLC
108 Crossover Ave. Suite G. Lowell, AR. 72745