What Is the Maximum Loan Amount for an SBA 504 Construction Loan?

1 year ago
12

What Is the Maximum Loan Amount for an SBA 504 Construction Loan?

In this video, Beau Eckstein discusses the maximum loan amount for an SBA 504 construction loan. He notes that the answer is on a case-by-case basis, but it is possible to get loans of 17-18 million dollars.

The SBA allowance is used up before the bank's first lean, which can be higher than 50%. Therefore, this allows for higher loan amounts. Bo mentions that some CDC websites claim loans up to 20 million dollars are possible if the first lean lender takes additional risk. However, this is only attainable if it is a strong sponsor and deal.

Beau Eckstein offers to discuss SBA financing, including the 7A and 504 loans, for various business purposes, such as startups, franchise purchases, office building construction, and business expansion. He also offers to provide solutions and walk people through the SBA loan process. If people have any questions about other types of financing.

If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask

Timestamps:
(00:10) The maximum loan amount for an SBA 504 construction loan is determined on a case-by-case basis.
(00:21) It is possible to get deals for 17 or 18 million dollars.
(00:25) Once the SBA allotment of 5 million dollars is used up, the bank's first lien can be higher than 50%.
(00:38) Some CDC websites claim loans up to 20 million dollars are attainable with the help of first-lien lenders taking additional risks.
(00:46) The possibility of higher loan amounts depends on the strength of the sponsor and the deal.

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#SBA #SBALoan #contructionalloan #SBA504

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

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.

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