Monday, June 21, 2010

The SBA and ending the recession ONE LOAN AT A TIME

We have funded another loan.

This time it was a $1,100,000 SBA 7(a) loan to refinance equipment debt. As a result of the longer term amortization available from the SBA loan, the borrower- a video production company in Orange County, improved its cash flow by $10,936 per month.

In the last ten years we have closed $754,188,499 in SBA 7(a) and 504 1st trust deeds.