13-05-2020 05:07 via ocregister.com

How 2 SBA loans can help owners finance commercial properties

Owners of commercial real estate either occupy the building they own or rely upon a third party – a tenant – to pay rent.
In the former, owners are known as owner-occupants and the latter as investor owners. Occupants of commercial real estate are, in some cases, able to finance their purchases through loans originated or guaranteed through the Small Business Administration.
Generally, SBA loans come in two flavors — 7(a) or 504. A 7(a) loan is an SBA-guaranteed first trust dee
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