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.