Nationwide SBA 7(a) & 504 Loans Retail, Office, Medical, Dental, Warehouse, Industrial, Hotels, Restaurants, Gas Stations & more

Loan QuoteHBS Finance provides nationwide real estate mortgages and corporate banking financial solutions. We utilize conventional financing sources; commercial banks, industrial finance companies, SBA and private investors to serve the financial needs of our clients. Because HBS Finance understands mortgage banking and commercial lending we can provide the best loan possible tailored for each need read more

We are Small Business Financing Professionals

Promotional Rates for Owner-User Commercial Properties*

  • 0% for 6 months – Commercial Real Estate
  • 1.99% for 12 months – Commercial Real Estate
  • 1.89% for 36 months – Practice Business Acquisition

SBA 7(a) FIXED Interest Rates*

  • 5 Year Fixed from 4.53%
  • 10 Year Fixed from 4.85%
  • 25 Year Fixed from 5.26%

SBA 504 FIXED Interest Rates*

  • 10 Year Fixed from 4.13%
  • 20 Year Fixed from 4.37%
  • 20 Year REFINANCE from 4.41%

SBA Loan Program Benefits
> 100% Loan-to-Cost Financing
> Longer terms for repayment of your loan request
> Lower loan payments
> Improved cash flow
> Below market fixed interest rates on the SBA portion of the loan
> SBA fees can be financed

Dentist / Doctors offices
Veterinary Services
Hotels & Motels (Flag and Non-Flag)
Gas Stations
Restaurant Franchises
• Single Tenant
• Beauty Salons & Barber Shops
• Liquor Stores & Mini-Markets
• Automotive Related (Body Shops & Auto Repair Shops)
• Child Day Care Centers
• Office, Retail & Industrial (including condo)
• Self Storage & Mini Storage
• Laundromat & Dry Cleaners
• Grocery Stores & Convenience Stores
• Retail Stores & Mixed-Use … many more property types.

SBA 7(a) Loans can be used to purchase, build, rehab, or refinance commercial real estate. The 7(a) loan can also be used to finance the purchase of a business, and or equipment. The interest rates are adjustable and the loan maturity for commercial real estate is 25 years, business acquisition and equipment may have a 10 year loan maturity. Because the 7(a) loan program will finance up to 90% of the commercial property purchase price, this program offers the small business an opportunity to use maximum financial leverage and a 25 year amortization periods insures the lowest possible monthly payments.

The SBA 7(a) program offers adjustable interest rates. The rate is set by the bank lender based on a certain margin over the current bank Prime Rate. The margin over the Prime Rate may vary between lenders. The typical rate for commercial real estate maybe as low as Prime + 1, and for a business purchase or equipment the rate may be Prime + 2.50 to 2.75.

This loan does not have lender loan fees; however the SBA charges an “SBA Guarantee Fee” which depending on the size of the loan the SBA Guarantee Fee could be between 1.5% to 2.5% of the loan amount. Currently under SBA guidelines the maximum loan limit for SBA 7(a) is $5,000,000. If you are considering SBA financing you should take early steps to obtain “Pre-qualification”. This will consist of a brief review of your financial records and a quick check of the SBA size standards. Once considered pre-qualified you will be provided with a Pre-qualification letter that you and your commercial broker can use in the offering process of your purchase transaction.

One thing that most small businesses have in common is the need for long-term financing at affordable fixed rates. This is exactly what the Small Business Administration (“SBA”) had in mind when they designed the SBA 504 Loan Program. At HBS Finance our goal is to develop your application package, select the best lender for your loan, and diligently work toward closing your SBA 504 loan.

The SBA 504 Loan Program is a partnership between Certified Development Company (“CDC”), acting on behalf of the SBA, and the business owner. Under the SBA 504 Loan program, HBS Finance will find a bank lender for 50% or more of the total project cost, the SBA/CDC will provide a minimum of 40% of the total project and the business owner will generally provide a minimum of 10% of the total cost.

The United States Small Business Administration (SBA) enables growing businesses to secure long-term, fixed-rate financing for commercial / industrial real estate and/or major machinery and equipment through the SBA 504 Loan Program. The program is designed to promote local economic development by helping healthy, growing businesses finance the acquisition of long-term fixed assets, including land, buildings, and major machinery and equipment. The 504 Program gives small business owners access to the same low-cost, fixed-rate, long-term financing that larger businesses might obtain through bond markets.

Let us put our experience and expertise to work for you. Call us (310) 356-6500