Maureen Sharib

Urban Legend Put to Rest

"...the vast majority of SBA lenders do not loan on every property type in the SBA program. Many lenders specialize because SBA only insures the loan meaning the lender is still lending their own funds. I would recommend going with a non-bank SBA lender for maximum flexibility in this market. Most traditional commercial banks are extremely tight right now regardless of the SBA loan guarantees..." ~ Malcolm Turner, President - CEO at Castle Commercial Capital, LLC in response to this LinkedIn question.

Tags: financing-is-hard

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