Liberty SBF Bridge Loans To Help You Close During Government ShutdownOctober 2, 2013
As of midnight on Tuesday, Oct. 1, 2013 the U.S. Government shut down pending the passage of a spending bill by Congress. According to the SBA, this will effectively halt SBA 504 and SBA 7a lending as long as the shutdown lasts. (The SBA announced that it will even suspend its Twitter account during the shutdown.) Loans in process will be placed on hold until the government reopens.
While we all wait for the resolution to this issue, know that Liberty SBF is open and ready to do business.
Bridge Financing: If you need to close a loan and can’t wait until the SBA opens again we have a bridge loan product that can carry you through. Contact us for details.
CMBS: We also offer CMBS and other non-recourse investor loans.
If you have any questions or concerns about SBA Lending, our Bridge Loan, CMBS Funding or the impact the government shutdown will have, please call us immediately. Contact Alex Cohen at (610) 816-0201 or email firstname.lastname@example.org.