Orange County Real Estate FAQ
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Ten Myths and Facts about SBA
Myth:
It takes four to six months to get a SBA Loan processed.
Fact:
Completed loan applications from banks average 10 working days.
Fact:
SBA provides free business counseling to all business people.
Myth:
SBA provides no assistance in helping a business get federal contracts from the government.
Fact:
SBA has procurement assistance at Small Business Development Centers across the country.
Myth:
A business person can get cheaper interest rates for business loans from SBA.
Fact:
SBA does not provide lower interest rates for small business people. Interest rates are negotiable with the bank, but are limited to 2.25% above the prime rate in the Wall Street Journal for loans with maturities of less than 7 years, and limited 2.75% with maturities of 7 years or more.
Myth:
Small loans are not available through SBA.
Fact:
SBA provides an incentive to banks to make loans nder $50,000 by reducing their guarantee fee by half.
Myth:
SBA has no specialized programs to assist minority business persons.
Fact:
SBA's 8(a) and 7(j) programs provide specialized management and technical assistance to minorities.
Myth:
There are few SBA loan programs.
Fact:
SBA finance programs provide a wide spectrum of opportunities including Guaranteed Loan, Handicapped Assistance, Contract Loan, Veterans Loan, Exported Revolving LOC, and Small Business ($50,000 and less).
Myth:
SBA has no programs to assist veterans.
Fact:
SBA gives veterans priority when their loan application arrives in the office or when they need business counseling to start a small business.
Myth:
SBA has grants to start or expand a small business.
Fact:
SBA has NO grant program to start or expand a small business.
Myth:
Contractors receive no assistance from SBA.
Fact:
SBA's Surety Bond Guarantee Program assists contractors with their Bid Bond, Performance Bond, and Payment Bond.
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Orange County real estate can be acccessed by city from the cities listed below. Orange County Shopping is going to great lengths to provide you with the best possible access to Orange County real estate information over all of Orange County. To make this possible we a currently putting together a group of around forty of the top realtors in Orange County. We will be providing you information from the best of the best. Please bear with us as we go through this process.
If you are a real estate professional and would like to be listed here, please contact us.
If you're interested in leasing Orange County Commercial Property in a particular location, go to the Orange County city map page, click on a city, then click on Shopping Centers and find the shopping center you're interested in. We are currently adding to our list of shopping centers. We list the property management company wherever we can. If you manage Orange County commercial property and would like to be listed here, please contact us
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