ThinkSBA
ThinkSBA is a Nationwide SBA 504 and 7a Loan Brokerage serving small business and entrepreneurs purchasing owner occupied real estate, acquiring a business or franchise or buying out a partner.
All you need to know about the SBA 504 Loan Program.
Ryan Smith, Principal and Founder of ThinkSBA, sits down with Saul Rosenbaum of SR Engineering and Consulting, a seasoned mechanical engineer with over two decades of experience in energy engineering. Discover how Saul’s firm assists business owners in navigating the complexities of the SBA 504 Green program through meticulous assessments and engineering support. Learn about …
Join our Host Ryan Smith, Principal and Founder of ThinkSBA, as he interviews Bethany McClellan, President of Rapid Business Plans. Bethany dives into the world of crafting SBA ready Business Plans and Feasibility Studies removing anxiety from SBA loan applicants. Discover how Bethany’s journey from corporate sales to entrepreneurship led to a thriving agency, assisting …
Welcome to another insightful episode of the My SBA Loan Pro Podcast Face To Face! In this episode Ryan Smith, Principal and Founder of ThinkSBA, engages in an insightful discussion with Bryan Geisbauer, a seasoned Tenant Representative and Commercial Real Estate Broker with Kidder Matthews. Brian leverages his 20 plus years experience, to level the …
SBA Loans To Purchase Real Estate Small businesses often struggle to obtain the necessary funding to start, maintain, or grow their operations. One way that the US government supports small businesses is through the Small Business Administration (SBA) loan program. SBA loans provide small business owners with access to affordable and flexible financing options that …
If you’re interested in purchasing a car wash with an SBA loan, here are some steps you can take: Purchasing a car wash with an SBA loan can be a complex process, but it can also provide an opportunity to acquire a profitable and established business. Be sure to work with professionals, such as accountants …
Residential Care Facilities for the Elderly (RCFE’s) have become the housing model of choice for our senior population and their loved ones due to the fact that many require increased accessibility, social connectivity, and medical support services that living at home simply cannot provide. As the name implies, RCFE’s, also called assisted living facilities, are …
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 …
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 …
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 …
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 …
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 …
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 …
