Why has the SBA 504 loan been kept a secret for so long?

Banks want you to utilize conventional loans. The SBA 504 Loan has often been in the shadows of the other SBA loan program, the 7A. It’s unfortunate, but frankly, it’s part of human nature. Most providers of commercial loans in America are banks, occasionally credit unions, non-bank lenders, etc. Most … Read More

The Number One Mistake People Make

So the number one mistake I hear quite regularly when people are convinced they want to own commercial real estate for their business is they immediately rush out, well–frankly, they go online and start looking at space in their city in their square footage requirements, what have you, or they … Read More

What does it take to qualify for the SBA 504 loan?

#1: Own a majority of the real estate. One of the qualifications for a SBA 504 loan is the square footage of the real estate you’re getting into. Are you going to occupy at least 51%, a simple majority? If you’re not, then you may not qualify for an SBA … Read More

Top 3 reasons the SBA 504 loan is better than commercial loans

#1: The down payment. The SBA 504 loan is better in terms of the down payment. We’re typically half to one third the down payment that an ordinary bank would require. So talking about a million-dollar purchase, you’re probably close to $100k as your down payment with us. With a … Read More

What is a SBA 504 loan?

So, what’s a SBA 504 loan? I get this question a lot, as you can imagine. It’s a commercial loan product that’s typically 90 percent loan-to-cost financing. What I mean is we take the purchase price of the property, any soft cost and any renovations and put it together. Whatever … Read More

What types of businesses has the SBA 504 loan helped?

We’ve financed a lot of different businesses with the SBA 504 Loan. In the past, we’ve financed a lot of multipurpose properties. These are things like free-standing office buildings, industrial warehouses and commercial condos. We’ll even do freestanding franchise restaurants and daycares. We truly do a variety of different things. … Read More

How to choose a SBA 504 lender

Defined by Fine Dictionary, a fountainhead is 1: “an abundant source” and 2: a “principal source.” Fountainhead Commercial Capital has made it not only its goal, but its passion to be the leading source of Small Business Administration (SBA) 504 loans. We help empower small businesses to invest long term … Read More