SBA Financing for Acquisition of a Building for a Childcare Facility

1 year ago
13

SBA Financing for Acquisition of a Building for a Childcare Facility

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Hello Beau, I'm currently in the process of purchasing a building for my established non-franchise childcare business. Are there any specific considerations or requirements I should be aware of?"

Thank you,
Jack

Jack is in the process of purchasing a building for their established non-franchise childcare business.

Beau mentions that three years of financials from the business and personal financials are required, and projections may be needed if expanding to a larger facility. He suggests considering SBA financing options, specifically the 7A and 504 programs. The 7A program offers up to 100% financing for business expansion involving real estate. He discusses the pros and cons of both options and assists with the SBA loan process.

In addition, Beau invites everyone to book a call to discuss SBA financing, whether for a startup, buying an existing business or franchise, building a new office, or expanding an existing business. They provide multiple solutions and offer guidance on the 7A and 504 programs.

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

Timestamps:
(00:02) Question about considerations and requirements for purchasing a building for a non-franchise childcare business
(00:23) Required documentation, financials, and underwriting process for non-franchise businesses
(01:00) Comparison of SBA 7A and 504 loans for financing childcare business expansions
(01:07) The advantages of SBA 7a
(01:18) Book a call at http://bookwithbeau.com/

💥 Thanks for watching 💥
#childcare #SBALoans #SBA7a #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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