Maximum Use of Maximum Benefits to Loan Guaranty Proceeds ...
CDC loan provided from SBA 100% guaranteed debenture sold to investors at fixed rate secured by 2nd lien. CDC Loan: 10 or 20-year term fixed interest rate. Lender Loan: financing may have a shorter term. May be fixed or adjustable interest rate Fixed rate on SBA Grow (504) Loan established when the debenture backing loan is sold. ................
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