What are interest rates of SBA loans? From the website for their 504 program:“Interest rates on 504 loans are pegged to an increment above the current market rate for five-year and 10-year U.S. Treasury issues. Maturities of 10 and 20 years are available. Fees total approximately three (3) percent of the debenture and may be [...]
Posts Tagged ‘sba loans’
Getting A Franchise Loan With Bad Credit
May 2nd, 2010
davidguide Even if you have a bad credit score or poor credit history, it’s still possible to qualify for a franchise loan. Franchise loan amounts can vary from $10,000 to $100,000, but there are many factors involved in how much you will qualify for to get your franchise business up and running. If you have bad [...]
Financial Challenges Facing Franchise Businesses
December 25th, 2009
davidguide The current financial conditions facing franchise owners can only be described as extremely difficult. Recent reports show that SBA loans for franchises are at a record default rates in 2008-2009. Compared to 2007 the default rates have gone up 43% and have cost the SBA over $93 million last year. The above statistics indicates that [...]


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