The SBA 504 Loan for Real Estate
[{"id": "dyggc23", "text": "This is crucial for exiting an industrial condo conversion deal. ", "replies": [], "depth": 1}, {"id": "dyglp1f", "text": "In the right situation, they can be great. As a commercial underwriter, I see this quite often, but it\u2019s never made clear that on construction loans, the bank assumes the full risk until it\u2019s complete at which point the SBA will come in behind us. Depending on the size of the bank, it can be a tough pill to swallow.", "replies": [], "depth": 1}]