Blog

May
31
Differences between SBA 504 and 7(a) Loans for Commercial Real Estate

Today's blog post is about differences in SBA loan programs for real estate financing. National Commercial Property Loans has been doing commercial real estate financing since 2006 and we always run into a lot of questions that borrowers have about what would be the best program for me? So it was about time we created a blog post about this great question.

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So should I go for the SBA 504 program or the SBA 7(a) program? When it comes to financing real estate the answer almost always is going to be the 504 program is the best option for your business. Why is that? The 504 program offers many advantages that the 7(a) loan doesn't. The 504 program offers fixed rates for twenty years. Most 7(a) lo...