New Changes Announced for the Paycheck Protection Program Steps to Promote Equitable Relief for Mom-and-Pop Businesses Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened…

  As part of the recently passed stimulus bill, the SBA has introduced some new benefits for those who are looking to open a new SBA 7a loan.* The SBA is waiving guaranty fees for loans approved between 2/1/2021 and 9/30/2021. The SBA will pay loan payments for new SBA loan closings that occur between…

  Georgia District Office – January 2021 Nearly $530 Million in PPP Loans Approved by SBA in Georgia in Current Round of Funding That Re-Opened This Month ATLANTA – As part of ongoing transparency of economic aid programs, the U.S. Small Business Administration (SBA) recently released data summarizing Paycheck Protection Program (PPP) loan approvals made…

  If you are exploring financing for Acquisition and or New Construction for your Rural Multifamily projects we should be having a conversation…   90% Federal Guarantee of loan to foster lending in rural areas Up to 40-year amortization No Davis-Bacon wage requirements. No loan cap Fixed rate for the life of the loan GNMA…

  Our Connections Make the Difference Preferred Capital Funding announces the closing of a $1,500,000 interest-only bridge loan that defied the odds. Our client had been working with a traditional lender to buy a building but was running out of time. Underwriting and processing delays continued to mount and endangered the purchase contract. The timing…

A bridge loan is a loan used for a short period of time while a person or company secures long term financing. They are typically used when a buyer needs cash immediately and does not have time to go through the traditional loan process. They usually have higher interest than a traditional loan and are…

If you want to take on the task of flipping a house, there’s quite a few things to consider. It may seem like an easy way to make a profit, but it can also be an easy way to lose money and very quickly. It may seem simple to find a cheap home and fix…

Are you an investor thinking about a new project but aren’t quite sure where to find the funding? Preferred Capital Funding in Conyers, GA has the ability to fund your project even if you aren’t able to provide documentation of your income. Investor loans are becoming more and more popular for this reason and we…