Fed Cuts Interest Rates – Lowers SBA Loan Costs!
Fed Cuts Interest Rates – Lowers SBA Loan Costs! The Federal Reserve has recently lowered the Federal Reserve Rate by 0.5%! As a result, the Prime Rate is 8.0%, (formerly 8.5%) which follows the Federal Funds Rate (“Fed rate”) with an approximate 3% spread. ...
SBA Fixed Rate for 10 Years!
SBA Fixed Rate for 10 Years! This just in! Coffman Capital just obtained a lender term sheet (not yet a commitment) for an SBA 7(a) Business Acquisition Loan with a 10 Year Fixed Rate below 8%! This is because this particular lender (one of many we use), which...
SBA Guaranty Fee Incentives Updated thru 9-30-2024
SBA Guaranty Fee Incentives Updated thru 9-30-2024! The U.S. Small Business Administration has reduced fees again for fiscal year October 1, 2023 through September 2024. >We apologize for not posting this update earlier! One of our lenders noted that...
Article – Chiropractic Care May Reduce the Need for Future Back Surgeries
Chiropractic Chiropractic Care May Reduce Surgeries – Cleveland’s University Hospital Study Care May Reduce the Need for Future Back Surgeries
Personal Financial Statement FAQ’s from Coffman Capital
Personal Financial Statement FAQs from Coffman Capital Perhaps the most important form in a loan package concerning the borrower is the Personal Financial Statement or PFS. The SBA form for this is called the 413 Personal Financial Statement. Paradoxically, being a...
Working Capital Loans from Coffman Capital
Working Capital for Your Businessto Expand or Start-Up!! Working Capital Loans from Coffman Capital Coffman Capital has provided financing for Professional Businesses throughout the U.S. since 1999! Working Capital Loansup to $150,000 are now available with...
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