Questions & Answers

Common Questions

Does Preferred Lending Partners loan money for working capital?
What is included in fixed asset acquisition?
Is it difficult to apply?
How many jobs must be created to meet the SBA requirements?
When is a higher equity injection required?
How much can be borrowed?
Do borrowers have to have a primary lender to participate in the SBA 504 program? Can Preferred refer me to a 1st lender?
How much of a building can be leased to other tenants?
What businesses are eligible?
What are the prepayment guidelines and restrictions?
How does a market funded SBA 504 loan compare to a federal government funded 7(a) loan?