• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

(858) 762-2774Schedule Appointment

ThinkSBA

ThinkSBA

SBA Loans in San Diego, Orange County and Los Angeles

Get Started
  • Loan Options
    • Business Acquisition
    • Franchise Acquisition
    • Partner Buy-Out
    • Real Estate Purchase
    • Working Capital
  • Loan Payment Calculators
    • Mortgage Loan Calculator
    • Term Loan Calculator
  • Resources
    • About
    • Blog
    • Podcast
    • FAQ
  • Contact
  • Get Started

SBA 504 Loan Program

All you need to know about the SBA 504 Loan Program.

All you need to know about the SBA 504 Loan Program.

SBA collateral assignment of life insurance

Collateral Assignment of Life Insurance Requirement For SBA 7(a) & 504 Loan Programs

September 16, 2021 by Ryan Smith

Life insurance is a contract between a policyholder and insurer where the insurer promises to pay the insured’s beneficiary an agreed amount upon their death. The most common application is between heads of household and their dependents. Life insurance is also leveraged by commercial lenders as a risk mitigation tool for loan applicants of privately …

Read moreCollateral Assignment of Life Insurance Requirement For SBA 7(a) & 504 Loan Programs
SBA loan 7(a) start to finish

SBA 7(a) & 504 Real Estate Loan Application From Start To Funding

March 16, 2021 by Ryan Smith

The most frequently asked question I receive by far is how long does the loan application process take to complete from start to finish. The quick answer is 45 – 60 days. The honest answer is it takes as long as necessary to complete all steps in the process. The next logical question is what …

Read moreSBA 7(a) & 504 Real Estate Loan Application From Start To Funding
sba 504 and 7a real estate appraisal report explained thinksba

The Commercial Appraisal Report

August 19, 2020 by Ryan Smith

Business owners purchasing or refinancing commercial real estate financed by an SBA 504 or 7a loan are required to hire a certified commercial appraiser to prepare a real estate appraisal report which includes the “as is” value of the subject property on the day it’s delivered to the lender. Every loan applicant needs to know …

Read moreThe Commercial Appraisal Report
sba loan podcasts

SBA Loan Update August 8, 2020

August 8, 2020 by Ryan Smith

The World of SBA :46 SBA Lenders are actively approving loans Everyone’s pipelines are flush with loan originations Underwriting is taking up to three weeks with the loan package sitting in the queue for nearly two of those three weeks 25 year fixed Interest rates are as low as 2.9% for SBA 7(a) real estate …

Read moreSBA Loan Update August 8, 2020
sba landlord lien subordination and access agreement

The Landlord Lien Subordination And Collateral Access Agreement

August 7, 2020 by Ryan Smith

The Landlord Lien Subordination And Collateral Access Agreement is required to be executed during the loan closing process when an applicant receiving an SBA loan has secured an interest in real property through a commercial lease. Parties To Agreement Parties to the agreement include the SBA Lender, who is referred to as the Lender, the …

Read moreThe Landlord Lien Subordination And Collateral Access Agreement
sba standby creditors agreement

SBA Standby Creditor’s Agreement Form 155

July 23, 2020 by Ryan Smith

Contrary to popular opinion SBA Loans are quite flexible. Case in point, The SBA Standby Creditor’s Agreement. This Agreement establishes the interest rate and loan terms of a promissory note between the buyer, referred to as the Standby Borrower and the Seller, referred to as the Standby Creditor, to mitigate three fundamental credit weaknesses in …

Read moreSBA Standby Creditor’s Agreement Form 155
sba gift letter 7(a) and 504 loans

The Gift Letter

July 22, 2020 by Ryan Smith

The Gift Letter There are many instances where borrowers applying for an SBA loan to purchase real estate, acquire a business or franchise or obtain working capital for growth do not possess the required 10% minimum equity injection. The good news is that the SBA permits the applicant to receive a monetary gift to assist …

Read moreThe Gift Letter
SBA Form 159 Fee Agreement

SBA Fee Disclosure and Compensation Agreement Form 159

July 19, 2020 by Ryan Smith

Form 159 November 1st, 2018 the SBA combined SBA Form 159(7a) and SBA Form 159(504) into one form known simply as Form 159. Form 159 requires applicants to disclose services and fees charged by an Agent hired in connection with applying for an SBA loan whether a 7(a) or 504. The purpose of this form …

Read moreSBA Fee Disclosure and Compensation Agreement Form 159
sba loan schedule of liabilities heavy equipment

SBA Schedule of Liabilities Form 2202

June 30, 2020 by Ryan Smith

My SBA Loan Pro Form 2202 must be completed on behalf of the subject business requesting the loan and all affiliate businesses. Affiliate businesses are defined by the SBA as any business owned 51% or more by a 20% or more owner of the subject business. Schedule of Liabilities Form 2202 documents the subject business …

Read moreSBA Schedule of Liabilities Form 2202
statement of personal history sba form 912

SBA Statement of Personal History Form 912

June 17, 2020 by Ryan Smith

SBA Loan Form 912 The SBA Statement of Personal History Form 912 must be completed by everyone who answers yes to questions 18 or 19 on SBA 7(a) Borrower Information Form 1919, Section II: Principal Information. These questions ask whether the individual principal applying has been arrested within the last six months or whether they …

Read moreSBA Statement of Personal History Form 912
sba form 1919 personal information

SBA 7(a) Borrower Information Form 1919

June 11, 2020 by Ryan Smith

The SBA 7(a) Borrower Information Form 1919 is required to be completed by every individual with 20% or more ownership in the applicant business entity whether applying for an SBA 7a or 504 loan. Completing this form is not complicated but there are a few things that are important to know. First, the form consists …

Read moreSBA 7(a) Borrower Information Form 1919
personal financial statement form 413

Personal Financial Statement Form 413

June 1, 2020 by Ryan Smith

The Personal Financial Statement, often referred to as a PFS for short, is one of the most important documents to the loan application. The PFS must be completed by all individuals who own 20% or more of the borrowing entity and is to include all personal assets, liabilities, annual income and debt obligations. I want …

Read morePersonal Financial Statement Form 413
  • Go to page 1
  • Go to page 2
  • Next

Smart business owners ThinkSBA.

Choose ThinkSBA for your next small business loan and rise above the competition.

Get Started

Go Pro!

Speak with an SBA Loan Pro Monday – Friday

  • (858) 762-2774

  • [email protected]

  • DRE #02082585

Learn

Business Acquisition

Franchise Acquisition

Partner Buy-Out

Real Estate Purchase

Working Capital

Resources

Blog

Podcast

About

Contact

FAQ

Newsletter

Join hundreds of smart business owners who receive the latest SBA news and interest rate updates monthly. It’s free. Unsubscribe anytime. No spam.


  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Copyright © 2023 · Silver Strand Capital LLC · All Rights Reserved · Powered by BizBudding · Return to top