About
We are former bankers with real expertise in helping business owners with commercial financing...and like you, we are entrepreneurs.
SBA 504 Financing
SBA 504 financing is a special niche in commercial lending and while we are fully capable of helping our clients with conventional/traditional commercial loans, our focus is on the 504 because it offers so many benefits for small and mid-sized businesses - especially in the current credit environment.
SBA Allergy?
The acronym "SBA" used to give business owners an allergic reaction since in the old days applying for an SBA loan was akin to falling into a black hole or switching places with one of those little dogs in the circus that can jump over 10 other dogs and through a flaming hoop.
Well...the SBA lending process has changed for the better (i.e. it is no different than a non-SBA commercial loan) and it is just about the only game in town at the moment.
Low Down Payment Commercial Financing
Most conventional loans currently require anywhere from 20 to 35% down and many banks and lenders are either not making any loans or they are just cherry picking the really good ones. The 504 allows down payments (or equity) of as little as 10% and funds are available.
In the past, the SBA "experience" (rightfully) received a bad rap, but things are different now and the 504 loan is a program that the government really got right.
Not only did the 504 program not go away during the credit crisis, but due to the Economic Stimulus Bill, The American Recovery and Reinvestment Act and numerous Green and Alternative Energy Financing initiatives it is better than it was...and lenders have money to lend.
At mymortgagebanker.com our goal is to make the process of getting a 504 loan as painless as possible so you can spend your time attending to your business...and avoiding black holes and flaming hoops.
Small Business
We are not a big company, but we view our small size as a strength and we like the fact that we are independent. We have worked for numerous banks (large and small) over the years and we are enjoying the freedom of not having to deal with the changes from the latest merger or concern about the continued fallout from the credit crisis.
As a small business, we understand what its like to be entrepreneurs and we understand the value of your time. Our goal is to not only offer you extremely attractive commercial financing, but to show you how the 504 loan can help improve your business and your bottom line.
It is very suprising how few people are aware of the benefits of 504 loans and we are pleased to be able to provide business owners with the excellent commercial financing it provides – even in this challenging economic environment.
Give us a call at 1-800-414-5285 to learn if the 504 is the right loan for you.
Thank you for your time.
My Mortgage Banker
300 Colonial Center Parkway, Suite 100
Roswell, GA 30076
1-800-414-5285
678-353-3354
