Philadelphia, Pennsylvania - October 6, 2015 - (Newswire.com)
When a Business Development Officer at a bank wants to place a SBA 504 loan they can rely on Liberty SBF as their secondary market for direct-funded owner-occupied financing nationwide. The company’s three signature programs help banks offload risk, avoid legal lending limits and free up capital. Banks can close more loans more quickly by enlisting Liberty SBF. By becoming a Liberty SBF partner, bankers can earn a referral fee on closed loans.
SBA 504 Loan - Liberty SBF provides first-lien SBA 504 loans for business owners to finance the purchase of commercial real estate properties nationwide. Proceeds from a SBA 504 loan can be used for the acquisition of a building, to finance improvements, or to purchase heavy machinery and equipment.
Interim SBA 504 Second Lien Loan - Liberty SBF also provides interim SBA 504 second-lien financing of up to 90% loan-to-cost for SBA approved property acquisitions. The company works directly with banks and third party lenders to provide interim second lien financing even if Liberty SBF is not funding the first lien 504. Liberty SBF can structure interim terms up to 180 days to accommodate renovations and light construction.
Bridge to 7(a) - Liberty SBF provides Bridge to SBA 7(a) financing of up to 70% loan-to-value on real estate acquisitions and light renovation projects that need to close quickly. The company works directly with banks and third party lenders to provide interim financing while waiting for SBA approval.
Because Liberty SBF works on a purely transactional basis it never looks to take deposits. Lenders working with Liberty SBF have full confidence that their clients are protected. Liberty SBF will save a bank time and money underwriting and funding SBA loans. Download our FREE SBA 504 White Paper to learn more about this loan program.
About Liberty SBF
Liberty SBF (Liberty) is a full-service commercial real estate finance company that provides loan origination, loan servicing and asset management. Liberty specializes in providing first lien SBA 504 loans nationwide and works with Certified Development Companies to secure a second lien mortgage. For more information about Liberty SBF, please visit http://www.libertysbf.com.
Contact Info:
Liberty SBF
Suite 250 1500 JFK Boulevard
Philadelphia
Pennsylvania 19102
United States
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Original Source: Liberty SBF Provides Lenders a Secondary Market for SBA Loans
