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J.E.P. Affiliate partners provide the following programs under the 7(a) Program:
SBA 7(a) loans can be used for typical loan purchase, construction or improvement of owner-user commercial real estate, business acquisition, business expansion, equipment purchase, debt refinance, working capital,.
Benefits of the SBA 7(a) Loan Program include:
A. Financing options unavailable under conventional terms
B.Long-term financing (up to 25 years)
C.Fully amortized loans with no balloon payments
D.Low down payment to conserve working capital
E.Loan amounts up to $2,000,000
F.Quick approvals and closings
G.Purchase of Real Estate and Land
SBA 504 Loan Program:
SBA 504 loans are designed specifically to finance fixed assets purchases such as a new building or a large piece of equipment.
Benefits for the SBA 504 Loan Program include:
A.Down payment as low as 10% preserving vital working capital
B.Low fixed and variable rates available
C.Long-term, fully amortized loans with no balloon payments
D.Project amounts up to $10,000,000
E.Real estate must be 51% owner occupied for existing buildings and 60% owner occupied for proposed construction
SBA Conventional Real Estate Loan Program:
SBA conventional real estate financing are for owner user and investor properties.
Benefits for the Conventional Real Estate Loan Program include:
A. Owner occupied and investor financing available
B. Down payment as low as 15%
C. Low fixed and variable rates available
D. Long-term, fully amortized loans with no balloon payments
E. Loan amounts up to $15,000,000
F. Stated income program available
SBA USDA B&I Loan Program:
SBA offer Industry Guaranteed Loans. This program is designed specifically to assist the borrowing needs of businesses located in rural areas, (outside a city with a population of more than 50,000 people and its urbanized periphery)
Benefits of the B & I Loan Program include:
A. Loan amounts up to $5,000,000
B. Down payment as low as 10%
C. Long term, fully amortized loans with no balloon payments
D. No minimum owner occupancy requirement
SBA STATED Loan Program for the following types of Loans:
A. Credit Score: 650+
B. Owner Occupied
C. Investment Properties
D. Refi Cash-Out
E. LTV 80%
The Following States for Preferred Lenders
A. Alabama
B. Arizona
C. California
D. Colorado
E. Delaware
F. Florida
G. Georgia
H. Indiana
I. Kentucky
J. Maryland
K. New Jersey
L. New York
M. North Carolina
N. Ohio
O. Oregon
P. Pennsylvania
Q. Tennessee
R. Texas
S. Utah
T. Virginia
U. Washington
Note: Minimum Credit Score: 640+ (For All The Other Programs)
Please email or call us if you are in need of this program.
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