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What is a Prequalification letter for an SBA 504 Loan?

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Published on Jan 24, 2018

It’s always advantageous to start early. If you’re thinking about a loan to finance the purchase or renovation of commercial real estate or equipment for your business, a good place to begin is by prequalifying for an SBA 504 loan. You can get started on the prequalification process whether or not you have identified the property you wish to acquire or even decided on the form of financing you are interested in.

Prequalifying for an SBA 504 loan is quick and at no cost to you. By prequalifying before choosing a property, you give yourself a headstart on others that are also shopping for a property.

TMC Financing is an SBA Premier Certified Lender and a high-volume loan provider. Contact a TMC loan expert to find out more about the prequalification process for 504 loans and how to put your business one step ahead.

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