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Avid News

What the SBA 504 Pre-Pay Penalties Actually Mean

Prospective borrowers are often confused by the SBA 504 loan prepayment penalties, beginning with why the U.S. government would implement the penalty at all. Every 504 loan created requires joint efforts from a lender, a Certified Development Corporation, and the SBA....

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$5 Million SBA Loan for Vacation Lodge

SBA 504 Loan  This $5 Million SBA 504 loan served beneficial for a variety of reasons for this customer. Along with financing for a vacation lodge and corporate retreat center in Heber, UT, Avid Commercial worked with a customer to restructure the majority of their...

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SBA 504 Loan Purchase in SLC, UT for $1.7 Million

SBA 504 Loans Done Right Avid Commercial worked with the SBA to restructure the customer's term financing and proved a 25-year fixed rate cheaper than the 5-year fixed rate that the customer's bank had quoted them. The customer was able to get the money they needed...

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2018 by the Numbers

The commercial financing vertical experienced a banner year in 2018, with several key forces driving a perfect investment landscape for business owners across multiple industries. A robust U.S. economy, coupled with the strongest global economy of the last decade,...

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