SBA CAPLINE Loan

This has been talked about a couple time.



W/ the SPA loan changes this programe was specificall supposed to be fund. 90% SBA backed to 5M

Comments(2)

  • ITBInvestor30th October, 2010

    I am thinking I posted about the wrong program. Chet, is this program real/viable? I am looking at: http://www.sba.gov/idc/groups/public/documents/mt_helena/mt_caplineloan.pdf

    I plan to put in an offer this weekend on a downtown rehab and am trying to find out what the lending guidelines are. Any help (e.g. URL references) would be helpful. I did not find out if this is locally funded or not? I got burned in a USDA funded loan once... would to make sure this is funded.

  • cjmazur1st November, 2010

    finding the bank / credit union is the hardest part

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