Even small businesses have big projects to fund. That is why Derix Capital offers the SBA 7(a) and 504 loan programs that allow you to purchase or build the facility you need to grow. If you are lacking the funds to make the major down payment on a property required in most commercial mortgages, then SBA financing may be the right choice for you.
Borrowers are able to finance commercial property construction or acquisition up to $5 million with the 7(a) program and $15 million under the 504 program. These loans comes with very competitive rates and flexible terms. In many cases, we can offer up to 90% financing in a 25-year amortizing loan.
SBA loans are not eligible for borrowers of passive income rental or personal property.
Whether you need to buy, build, renovate or refinance your property, an SBA loan could work for you.
If you want to know more about our SBA Commercial Real Estate loans, contact our office today. A qualified financial expert can answer your questions and get you started on an application.