St Augustine Business Owner Finds Great LendersOctober 18, 2019
TibBlit.com Offers Lots of Loan OptionsOctober 22, 2019
A business owner was looking for $6 million to purchase some commercial real estate for his business. He decided to search TiBblit.com to see what loan options he could qualify for.
The top 3 lenders he selected to talk to were…
- Traditional loan that is 20-yr term loan. Interest rate of 3.95% which is locked for 5 years. Estimated monthly payments at $36,200..
- Traditional loan that is a 10-yr. Interest rate of 3.8% is locked for 5 years. Estimated monthly payments $35,729.
- An SBA 504 loan which is a 25-year term loan, with an interest rate below 5% which is locked for 10 years, and the remaining rate was locked for 25 years. The estimated monthly payments were $31,607
If you are looking for a fast, easy, and free way to shop for a business loan please give TibBlit.com a try!