I was honored to have business.com ask me to offer solutions regarding the shutdown and how small businesses in the middle of a real estate transaction can save their deals and continue to grow their companies.
Moody’s Analytics says over $2 billion in SBA funding has been delayed by the shutdown. If that’s you, here’s my best advice:
- Delay as much as you can.
- Put more “skin in the game.”
- Look for interim financing from another source (such as us – we’ve even been doing this for household-name banks).
Click here to read the entire article. We’ve never closed so many loans in January and are thankful for the opportunity to help business owners save their transaction. Call or email me today, and we’ll do whatever we can to help you.
Another Unauthorized SBA 504 Loan Closing
Another “un-authorized” (due to the government shutdown) SBA 504 closing done. This one in Northbrook, Illinois, for the $623,000 acquisition and renovation of a new HQ’s for our award-winning masonry contractor. We were excited to assist this business in owning instead of renting before the seller walked. We love being a hero to small businesses and creating wealth for them!