BLC would like to highlight a recent SBA 504 purchase funding of $5,156,000 for a hotel and resort in North Carolina. The purchase and sale agreement structure had some complexity that needed to be navigated, and the borrower had a tight timeline to execute. This is another example of The BLC Companies knowledge and experience providing a timely, workable, and beneficial financing solution for the borrower.
SBA 504 Interim Financing: What Happens Between First Mortgage Closing and Debenture Funding
Most explanations of the SBA 504 program stop at the capital stack. A conventional first
