SBA Course - Lending for Commercial Real Estate Purchases

Staff from the local SBA office will present information about how SBA programs can be used to finance Commercial Real Estate purchases. This is an opportunity to learn about alternatives that can facilitate real estate purchases for small businesses.

Training will be provided on:
• SBA 504 Loan Program for fixed assets
o Bank - 1st mortgage loan for 50%
o SBA/CDC debenture – 2nd mortgage loan for 30 to 40% - long term fixed financing
o Borrower – 10 to 20% equity injection
• SBA 7a Loan Program
o More flexible uses of proceeds (including leasehold improvements & working capital)

WHEN: Thursday, March 12, 2020, 10:00 am to 11:30 am

WHERE: Realtors of South Central Kansas Conference Center (170 W. Dewey, Wichita, KS)

Online: https://bit.ly/2GTs83T
or by calling SBA Wichita District Office"