SBA 504 Loan 1.1
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Free Version
Publisher Description
About the Loan Calculator Our SBA 504 loan calculator app is designed to show you what estimated mortgage payments would be with SBA 504 financing. The following information is included in the sample: - SBA 504 Rate: Fixed and fully amortized for 20 years at a below market rate, this rate is set monthly after the debenture sale on the public market. Our app uses WiFi to access the current SBA 504 interest rate. - Bank Rate: Estimated. Amortization, maturity, and rate vary depending on first lender. - SBA 504 Fees: 2.15% of the SBA portion of the loan (typically 40% of the total project), plus a flat legal fee ($2,000). All SBA 504 fees are fully financed and therefore included in the SBA loan amount. - Related Costs: Costs for appraisals, environmental reports, and closing costs can be included in the SBA 504 loan. - Collateral: Unlike other types of financing, SBA 504 financing does not typically require additional collateral. About the SBA 504 Loan The SBA 504 loan is a partnership between an SBA Certified Development Company (CDC) and a bank. The loan provides financing for the purchase, renovation, or construction of commercial real estate. Advantages include: - Up to 90% financing to preserve working capital - Long-term amortization for low monthly payments - Below-market 20-year fixed interest rate - Fixed or adjustable rates available on the First Mortgage - Purchasing commercial real estate with long-term, below-market fixed rates can be more cost effective than leasing - Title to the building can be taken by the business, the principals individually, a holding company, or a trust About Capital Access Group Capital Access Group is a Premier SBA 504 lender, helping small business throughout California finance commercial real estate with as little as a 10% down payment. As a Certified Development Company (CDC) we offer a below market fixed rate that may be used for acquisition, renovation, or construction of commercial property. A CDC must be involved in any 504 loan, as we partner with banks to provide small business owners with up to 90% financing. Typically, the structure is 50/40/10, meaning the bank provides a loan for 50% of the cost of the building, the SBA provides a loan for 40%, and the borrower puts 10% down towards the purchase. Why choose Capital Access Group? UNPARALLELED EXPERIENCE We have been helping businesses meet their real estate financing needs for over 30 years. Experience, responsiveness, and dynamic leadership are just some of the special talents that our team brings to every transaction. Our team will coordinate your project among all parties involved in your real estate transaction to ensure timely execution and exceptional results. SWIFT EXECUTION We manage your project from start to finish, working with business owners, lenders, and real estate brokers to ensure seamless execution. Our Premier Certified Lender (PCL) status means we can approve loans in-house to meet your most pressing deadlines. We offer fast, free pre-qualifications within 24 hours. EXTRAORDINARY RESULTS Our priority is to deliver the highest quality customer service by meeting or exceeding your financing objectives. We are committed to financing real estate solutions for your growing business. Questions? Call us at 415-217-7600 or go to www.capitalaccess.com to learn more!
Requires iOS 4.3 or later. Compatible with iPhone, iPad, and iPod touch.
About SBA 504 Loan
SBA 504 Loan is a free app for iOS published in the Accounting & Finance list of apps, part of Business.
The company that develops SBA 504 Loan is Capital Access Group Inc.. The latest version released by its developer is 1.1.
To install SBA 504 Loan on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2011-09-09 and was downloaded 4 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the SBA 504 Loan as malware if the download link is broken.
How to install SBA 504 Loan on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the SBA 504 Loan is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After SBA 504 Loan is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
