Gap Lending as Borrower Contribution with SBA 504
Do you need help with borrower contribution on your client’s projects and would still like to take advantage of the low down payment and long term fixed rates that a SBA 504 Loan can offer?
Gap lending can be used as part of their borrower contribution on a project. This can include an Economic Development Revolving Loan Fund or Seller Carryback financing.
Economic Development Revolving Loan Funds can have a 10 year term and still meet the SBA 504 Loan Requirements!
FIND OUT WHY MBFC IS MINNESOTA’S LEADING SBA 504 LENDER!
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