SBA Preferred Lending Partner: Delegated Authority vs. Non-PLP Lenders Compared
An SBA Preferred Lending Partner (PLP) holds delegated authority from the Small Business Administration to approve loans in-house. Unlike standard lenders who must submit applications to the SBA for review, PLP lenders expedite approvals and streamline closing timelines.
Medical Building Loans: Comparing SBA 504, 7(a), and Conventional Healthcare Real Estate Financing
Medical building loans finance the acquisition, construction, or renovation of healthcare facilities. Key financing options include SBA 504 and 7(a) loans providing up to 90% financing for owner-occupants, alongside conventional bank, debt-fund, and life company financing for multi-tenant medical pr
SBA 504 Green Loan Limits vs Standard SBA 504: Sizing and Aggregation Comparison
Standard SBA 504 loans cap the CDC debenture at $5 million per borrower cumulatively. Conversely, SBA 504 Green loans increase this limit to $5.5 million per project, allowing multiple projects with no standard aggregate cap, enabling substantially larger overall financing.
SBA 504 Ground-Up Construction Loans: Financing Rules, Capital Stacks, and Comparisons
An SBA 504 ground-up construction loan finances up to 90% of total project costs—including land, hard construction, and soft costs. Borrowers must occupy at least 60% of the facility initially, expanding to 67% within ten years.
SBA 504 vs 7(a) Loan Decision Calculator: CRE Capital Structuring Guide
Choose an SBA 504 loan for long-term, fixed-rate financing on owner-occupied real estate exceeding $5 million. Select an SBA 7(a) loan for mixed-use funding requiring working capital, debt refinance, business acquisition, or projects under $5 million.
SBA Loan Prepayment Penalty: 7(a) vs. 504 Comparison and Calculation Guide
SBA 7(a) real estate loans carry a three-year declining penalty (5%-3%-1%) triggered when prepaying over 25% of principal. In contrast, SBA 504 debentures require a 10-year declining penalty based on the debenture rate, decreasing by 10% each year.
SBA 504 Loan vs 7(a): Strategic Commercial Real Estate Comparison Guide
The SBA 504 loan specializes in long-term, fixed-rate financing for owner-occupied real estate and major equipment up to $5.5 million. The SBA 7(a) offers versatile funding up to $5 million for working capital, business acquisitions, and real estate.
SBA 504 vs 7(a) Loans: Strategic Comparison for Commercial Real Estate
The SBA 504 loan finances major fixed assets like owner-occupied commercial real estate and long-term machinery with below-market fixed rates. In contrast, the SBA 7(a) loan provides versatile capital for working capital, debt refinancing, business acquisitions, and smaller real estate purchases.
Medical Office Building Loan Comparison: Rates, Underwriting, and Capital Structures
A medical office building loan finances the acquisition, construction, or refinancing of clinical healthcare real estate. Common structures include SBA 504 debt offering up to 90% leverage for physician-occupants and conventional or institutional debt for medical investors.
Closing a Medical Practice Checklist: Clinical, Regulatory, and Real Estate Exit Guide
To close a medical practice, notify patients and licensing boards 60 to 90 days prior, secure medical records custodianship, obtain malpractice tail insurance, terminate payor contracts, and resolve commercial real estate lease obligations or asset sales.