SBRA just sold a loan for a record premium of 16.751%! The loan was for the refinance of a hotel, $1.4 million for 25 years priced at Prime + 2.75% floating.
This is the highest premium that we or our secondary market investors have seen for the sale of an SBA 7(a) loan. The bank that made this loan will realize immediate income of $187,257. Could your bank use that kind of fee income? Call us today and let’s get started.