Continuing to Serve You Better!
How May We Service Your Bank?
In our continuing effort to be the best we can to our clients, we are happy to announce our expanded servicing capabilities.  Many lenders are hesitant to participate in the 7(a) loan program (government guaranteed loans) for fear of "what if."  What if we have to call on the SBA for the guaranty? Have we done all we can (as a lender) to ensure our guaranty is honored?

Well, at Alliance Capital, our goal is to help you in that process.  From "soup to nuts" we can be your service provider to help ensure your loans are structured, approved, closed, and managed properly, and if the time comes to call on that guaranty, to help you through that process as well.

SBA lending, no doubt, is a process.  Our goal from day one has been to take a sometimes burdensome process and make it as smooth as possible for our clients - bankers, borrowers, brokers and other relationships.

Call today to see how we can help.  With the market continuing to become more educated about SBA loans, maybe it is time to at least explore the other "what if."  That is, what if we can grow our business more profitably and be a better partner to our clients using the SBA programs?! 

Please let us know if we can be of "service" to you and your clients!

*The 7(a) loan program is a guaranty loan as opposed to the 504, which is a participating loan.  The primary difference is that in a 7(a) loan the SBA provides a guaranty to the lender.  In a 504 loan the funding is split between a bank (lender) conventional first mortgage and an SBA second mortgage loan.

April 2013 504 Rates - Low Rates Continue!
Alliance Capital continues to leverage our relationships to provide our clients the most efficient processing and competitive pricing available in the market.  The SBA 504 rates for the month of April are as low as 3.71% for the ten year fixed rates and 4.15% for the twenty year fixed rates.  These rates reflect the SBA or second mortgage side of the loan.  The SBA 504 loan is a participating loan that allows up to 90% financing, the lender makes the first mortgage loan at 50% of the project cost and the SBA helps fund the second mortgage at up to 40% of the project cost.  The first mortgage rate is set by the participating lender, while the second mortgage rate is a combination of the actual note rate and the applicable servicing fees.  The SBA 504 loan is designed for the purchase, construction or renovations of owner occupied commercial real estate or the purchase of equipment with a long useful life.  Call today to take advantage of these low fixed rates!

Specializing in loans offered through
the U.S. Small Business Administration
Sam Renta, President
Alliance Capital Corporation
200 Office Park Drive, Suite 220, Birmingham, AL 35223
205.837.7900 (C)
205.982.7900 (O)
877.415.9180 (F)
SBA 7(a), SBA 504, and USDA B&I
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