SBA 504 and 7(a) Ground--Up Construction Loans--Which is Better?

SBA 504 and 7(a) Ground- Up Construction Loans-- Which is Better?

Hi Beau, I am working on finalizing plans and permits to build a light industrial warehouse which my business will occupy. Total project cost will be $3.6mm. I own an ecommerce business and need more space for inventory.

Thanks in advance!
Rochelle

Timestamps
[00:24] SBA 504 and SBA 7a can both do construction
[00:30] The SBA 7a gives you more flexibility
[01:33] The SBA 504 is more for a long-term type of deal because of longer prepayment penalty
[02:20] Using 504 green program as an amazing financing tool
[02:29] Book a call at http://bookwithbeau.com/ to figure out the best option

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💥 Thanks for watching 💥
#SBA504 #SBA #SBA7a #constructionloans

_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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