Small Business Loans Philadelphia

SMALL BUSINESS LOANS THE BEST WAY TO ADDRESS YOUR CREDIT CRUNCH

Below is a list of different alternative loans available in the market.SBA LOANS HARD MONEY LOANSFIX AND FLIP LOANS BRIDGE LOANSCOMMERCIAL REAL ESTATE LOANS

SBA LOANSThe SBA 504 loan (Small Business Administration) or certified development company loan is specifically designed to purchase, develop, construct and sell commercial real estate property.

SBA 504 LOANS 10% DOWN PAYMENTMostly 10% down payment is required by the applicant and rest of the loan is funded jointly by SBA and a private or conventional investor.

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SBA LOAN MAXIMUM AMOUNT :$5 MILLIANThe maximum amount of SBA 504 loan is $5 million.

HARD MONEY LOANSHard money loans are great for those real estate developers who have a bad credit history.

HARD MONEY LOANS

Hard Money loans are based on the value of the real estate they are developing hence investment risk is higher.

FIX AND FLIP LOANSYou must have heard the term flipping houses, when an investor buys a house renovates it and sells for at profit thats called flipping a house.

BRIDGE LOANS PHILADELPHIA

Bridge loan is also a short term loan with minimum term of two to three weeks and maximum up to 3 years.

COMMERCIAL REAL ESTATE LOANS

commercial real estate loans provide small real estate developers with level playing field since they usually lack the resources compared to bigger real estate firms.

We hope that you enjoyed this Presentation on Information about loans for businessesWe Offer Fast And Flexible Funding."

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