Liberty Closes $10MM in SBA 504 First Lien Loans in Last 45 DaysNovember 23, 2016
Our SBA 504 loan is great for those “near miss” deals that you wanted to fund but just couldn’t for some reason. If you already refer loans into the 504 Secondary Market for premium with Zions, Morgan Stanley or CIT then Liberty SBF is a great next stop for B and B+ credit loans.
Banks can also free up capital and earn fees by selling existing loans. Send us a tape or memo for performing SBA 504 first lien loans that your bank wants to sell by year end 2016.
At Liberty SBF, we buy or fund SBA 504 firsts nationally on mixed use, hotel and special purpose properties and we can send our referral sources up to 4 pts of premium at closing. We also provide interim second financing for 65bp origination fee and 5.99% rate even if we aren’t funding the first lien loan.
Click here to learn more about referring loans to us and how to earn additional income for your bank.
See below for below for just a few of the deals we’ve closed recently.
SBA 504 loan for the acquisition of a sports facility in Hatfield, PA.
Wall Township, NJ
SBA 504 loan for the acquisition of a industrial property in Wall Township, NJ.
SBA 504 loan for the acquisition of a Comfort Inn hotel in Pueblo, CO.
Purchase of an existing SBA 504 note on an industrial property in Lathrop, CA.
SBA 504 loan for the acquisition of a warehouse in Indio, CA.
SBA 504 loan for the acquisition of a Best Western Plus hotel in Midvale, UT.
Earn Premium Income
If you already refer loans into the 504 secondary market for premium with Zions, Morgan Stanley or CIT then Liberty SBF should be your next call for B and B+ credit loans that are not a fit for other Secondary Market lenders.
How Does Liberty SBF Work With Your Bank?
1. Refer a loan – Handoff a loan to Liberty SBF and we’ll take it
2. Correspondent Lending – For approved partners, close SBA 504 loans in your name on our documents and we will fund at the closing table. Ask about our reduced par pricing program.
3. Loan Purchase Program – We will buy SBA 504 loans at up to $102 pricing. Banks can free up capital before year end and earn fees by selling existing loans to Liberty SBF. Send us a tape or memo for performing SBA 504 first lien loans that your bank wants to sell and we will give you a bid.
Call Liberty SBF Today!