Understanding the Draw Schedule of SBA 504 Construction Loans

Understanding the Draw Schedule of SBA 504 Construction Loans

Beau talks about understanding the draw schedule of SBA 504 construction loans in the video.
Contractors are paid once a month towards the end of the month, after submitting their invoices throughout the month. There may be some lien waivers that need to be researched before payment.
The SBA 504 loan can also fund FF&E (Furniture, Fixtures, and Equipment) for long-term equipment.

Beau offers a call to discuss SBA financing, including SBA 7a and SBA 504 loans, for various purposes such as buying an existing business or expanding an existing one -- https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#SBA504 #SBA7a #SBA504ConstructionLoan

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

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

🎥 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.