What Is the Different Between an SBA 504 and an SBA 7(a)?

What Is the Different Between an SBA 504 and an SBA 7(a)?

Question: Hi, Beau. I'm trying to understand the differences between SBA 7(A) and 504 loans to determine which one is more suitable for acquiring a dry cleaning and laundromat business including real estate. The real estate is valued at approximately $1 million and the business at around $500k could you advise on how to structure this deal? Thanks.

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Timestamps:
0:41 - Understanding SBA 7A and 504 Loans
1:21 - Structuring the Deal: Real Estate vs. Business Acquisition
1:40 - Creative Financing Options and Seller Financing

💥 Thanks for watching 💥
#BusinessOwnership #SBAloans #FinancingStrategies #EntrepreneurshipTips #SmallBusinessAdvice #BusinessAcquisition #LoanStructuring #FinancialSuccess #EntrepreneurMindset #BusinessGrowth

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 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?

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