Spartan Commercial Mortgage Services of Connecticut is excited to announce that it is now offering U.S. Small Business Administration (SBA) 7(a) loans. This new endeavor (SBA Mortgage Loans) will be done through our partnership with one of the largest Commercial Mortgage Wholesale outlets in the country.
Spartan Commercial Mortgage Services is a leading provider of commercial mortgage loans in New England and the East Coast. Particularly to those who may have been turned down elsewhere due to limited credit history or other challenges specific to small businesses. With the SBA 7(a) loan program, we will now be able to offer borrowers government-backed loans of up to $5 million. Furthermore, with our commercial mortgage partnership, we can provide borrowers with a streamlined application process.
The SBA commercial mortgage product complements Spartan’s product offering by allowing for a larger loan size of $5 million . Furthermore, it will allow for a loan-to-value ratio of 90 percent. Traditionally, Spartan Commercial Mortgage has focused on smaller loans of $25,000 to $2 million. This new product allows us to serve as a one-stop-shop for anyone seeking commercial mortgage financing.
We have worked for more than 15 years with commercial borrowers. By adding SBA 7(a) loans to our product offerings, our clients can only benefit! Furthermore, we will work with you every step of the way.
Call us today for a free consultation or click here to get pre-approved.
Thanks,
Michael Meyer
President Spartan Commercial Mortgage Services
mike@spartancommercialmortgage.com
(860) 876-0572