* 504's fixed rate is currently lower than 7(a) can offer. Also 7(a) rates are typically
variable
* 504 fees are approzimately 2.65% of 504 loan, whereas 7(a) fees for loans over
$150,000 start at 3%.
* 100% SBA guarantee on 504 loan; 75% - 85% SBA guarantee on 7(a) loan
Why DBFC?
* 72 - hour pre-approvel upon submission of completed application
* Electronic applicaiton allows borrower to type in information and e-mail to lender for
faster turn-around.
Specially - trained staff for superior customer service before, during and after the
transaction.
* Information - sharing iwth primary lender to reduce the borrower's burden, with
permission of borrower.
Simultaneous closing avaiable to reduce the borrower's burden and the primary lender's
risk.
Convenient location just south of Downtown Dallas, one mile west of I-35.
$2,500.00 application fee, applied to processing fee.
