We have a 100% loan approval rate, has been promoted more than $ 200 million of business loans.
Five hundred and four SBA loans for commercial real estate - to www.takethe504.com learn more about our success stories and the SBA 504 program.
This SBA loan program, the focus is commercial real estate. Check out also mountain america credit union . Million dollar loan to. The benefit is financed 90% of long-term, fixed rate is up.
The facility owner must operate. A typical 504 loan is done in conjunction with local lenders. An established business shares 10%, BCL / SBA 40%, 50% of lenders are contributing. Banks should have a first lien on assets. BCL / SBA loan is subordinate to bank loans. Construction of new facilities or renovation or modernization of existing facilities to be converted; 504 long-term loan or purchase machinery, the land and improvements, grading, street improvements, utilities, parking and landscaping purchase can be used for. Such engineering, architectural work, appraisals, mortgage-related expenses, professional fees, all you can add to project costs. Check out also my lp card .
Revenue loan debt consolidation or repayment, or refinancing, working capital, the stock is not available. See Also mbs cash loan .
You can start a business, special-purpose facilities (restaurants, hotels, etc. Check out also microloan lenders .) will require investment of 15 to 20%. With a real estate franchise business, must be included in the SBA approved franchise list.
SBA 7 (a) Loan Guarantee - a promise from the U.S. Small Business Administration, the bank loan. Loans up to $ 2 million. The staff of the BCL, to help you choose your lender to underwrite your loan, and your package the loan. Business, you have to pay an annual guarantee fee to SBA for a loan period.
SBA micro lending - BCL of Texas, received the designation of a lender mediated through SBA Microloan program. We will support existing business expansion growth in North Texas that require a small amount of integrated technical assistance and financial support for loans under $ 35,000.00. SBA Microloan of BCL is to exhisting companies.
Below, I that will be serviced under the SBA Microloan program - along with 35, is the county of North Texas (Bell from Marble Falls, Bosque, Burnet, Coryell, Dallas, Ellis, Falls, Hill, Johnson, McLennan, Milan and Taranto, to Denton).
Capital Program Business BCL - loans from $ 250,000 to $ 50,000. Machinery, equipment, real estate, accounts receivable management, working capital, refinancing, and inventory. Loans up to 90%, maximum term 10 years. Loan rates will vary for each transaction. Collateral must equal the loan amount. Each principal has a personal guarantee for more than 20% business ownership. Credit reports are ordered before the loan application. BCL loan may be subordinated to financial institutions.
Contact our director of finance , and commercial loan officers or
SBA 504, BCL Business Capital, SBA guaranteed loan program details and other -888 -718 -0180 1-2
Community micro-loans - are available through community partners: Brady, Cuero, hemp, Luling. Five-year loan, which requires a 10% equity, beginning with $ 5,000 can not exceed $ 25,000.
The set up of rural communities in developing local business, has been invited to the BCL engaged to manage the funds of the local micro-loans. See Also my i advance metabank . BCL staff is available to develop policies and procedures to ensure the financing of local matching funds for state of the micro loan pool. Once the loan pool, processes and services, micro-enterprise for each participating community partners, we can assume the loan officer, loan portfolios are capitalized. Micro-loan portfolio of the BCL is over $ 1,000,000.
To inquire about becoming a Community Partner contact micro-loans:
Chris breath at 1-888-385-1975
Community Facilities Loans - from $ 250,000200 million dollars. Mortgage - "mainstream price" Single Family Residential Construction, permanent financing for multifamily properties existing in rural areas. See Also mutual 1hour advance . Activation of the community, loan facility for the community to provide programs and services and facilities throughout the community. The loans covered by the industrial park. Projects must have community support and commitment. You must have a sufficient cash flow to repay debt. See Also my little loan shop . Strong management and operating history. Loan terms and interest rates will vary for each transaction.
Education and rural entrepreneurs (TREE) is for Texans - 501 non-profit organization seeking to foster entrepreneurship in rural southern Texas counties 42 (C) (3) business and community development organizations in the county multi- collaborative partnership that includes the eight were established.
Please refer to our program Web site for more information www.treepartners.org
Our own house - Our specialist residential BCL homebuyer education in English and Spanish in Central Texas, San Antonio and Dallas / Fort Worth Metroplex, Texas to teach. Check out also monthly paday loans . Since 2000, we will help you achieve homeownership through homebuyer education classes for our family of over 4500.
Home Retention Solutions - Our experts are also homeowners, offers a free foreclosure and loss mitigation counseling to the family through the state of Texas has been delayed to the mortgage. Through our loss mitigation programs, we can find solutions and options to try to save their family home.
Please visit the Web site of our new home ownership center for more information www.bclhomeownershipcenter.org