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SBA Bridge Loans Do You Actually Need One
Have you been told you need an SBA bridge loan before you can get SBA financing?
The truth is, there is no official SBA loan program called an "SBA bridge loan." However, temporary bridge financing can play an important role in certain SBA 504 commercial real estate transactions and construction projects.
In this episode, Beau Eckstein explains what people really mean when they refer to an "SBA bridge loan," how interim financing works within the SBA 504 process, when a true bridge loan may be necessary, and how to avoid confusion—or costly financing mistakes. Whether you're buying commercial…
The skinny
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