Small Business Administration loans for owner occupied real estate to accommodate business operations, expansion, relocation, etc. SBA loans provide governmental guarantee of debt repayment on loans granted from private institutions up to prescribed Loan to Value (LTV) amounts. This significantly reduces lender risk and default rate for debt repayment and stimulates lending institutions to participate in these programs and approving qualified small businesses which meet the qualifications established by the Small Business Administration. These loans can be used for acquisition, development or construction of owner occupied commercial real estate or commercial real estate having an investment component as long as the premises is at least 51% occupied by the owning small business entity; other qualifying criteria apply. Possibly SBA loan terms are:-

SBA 7A

SBA 504

Acquisition and construction

Retail, Industrial, Office, etc

90% LTV/CLTV

Loan Term: 20-25 years

Amortization: 20-25 years

Owner Occupied

Recourse

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