An Introduction to the SBA 7(a) and 504 Loan Programs
Thomas L. Hofstetter
Schenck, Price, Smith & King LLP
You will Learn:
- An overview of the SBA 7 (a) and 504 loan programs;
- About the key characteristics of each program;
- Some of the basic restrictions and requirements;
- The SBA’s policy goals behind the programs; and
- About the benefits to borrowers under each program.
This 10 minute segment taken from our live upcoming webinar, “Fundamentals of SBA Lending: Documenting, Funding and Closing the SBA Loan” to be broadcast on February 6, 2014 provides the viewer with a primer on two of the Small Business administration’s (“SBA”) primary business loan programs – the SBA 7 (a) and 504 loans. Although one can hardly provide a comprehensive review of these programs in a 10 minute segment, this presentation provides for an excellent source of information for an overview of each program in a concise and efficient format. Viewers will benefit from learning about the key characteristics of the SBA 7 (a) and 504 loans, the Administration’s policy goals behind the programs and the benefits to borrowers under each type of SBA loan.
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