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Need to grow your business with capital, inventory, new building

DDA Mortgage • Apr 04, 2022

Grow with capital, inventory, and what you need.


  • You need money to grow your business. Whether you need inventory, supplies, materials, facilities, equipment, or more resources - there are options available to you.
  • You need a lender that understands how business works. The loan officer should be able to assist in setting up the right loan structure and program to meet your needs.
  • You need a lender that can understand you and your plan for growing the business. We will help guide you through your options and make sure everything is going smoothly on your end so nothing falls through the cracks when it comes time for funding.



We have experience getting small business loans in Largo & Pinellas County.


No matter where you are in the process of opening or expanding a business, we have experienced advisors who can help. We have developed a network of banks and other lenders that offer affordable loans to small businesses. Our lending department staffs experts who will personally help you find the loan type that meets your needs and get it approved quickly. If needed, we can provide free expert advice on preparing your application for approval.


We have a track record of success, having helped thousands of people secure capital from this pool of lenders. Most importantly: our experts will help you get the loan that best fits your need for capital at the most affordable rate possible and with the least amount of hassle. With our involvement in your application, it is much more likely to be approved than if you try to navigate this process alone



Just closed on two commercial loans for 1.3 million and 1.9 million.


If you need to grow your business with capital, inventory, new building, or more then we can help you get the capital you need. We are one of the most experienced SBA lenders in Pinellas County, Tampa, and Florida. We understand how local businesses work. Our staff has a great track record of getting our customers loans.



SBA loans are a popular option because they are backed by federal programs.


SBA loans are small business loans that are backed by federal programs through the Small Business Administration. These government-backed loans can be a popular option for small businesses because they are typically backed by federal programs and offer low-interest rates and longer repayment terms than traditional bank loans. SBA (Small Business Administration) loans are offered by various lenders and the SBA guarantees a certain percentage of your loan when it is approved, which helps significantly reduce your risk as a borrower.



If you need funding or inventory, check out different forms of lending that are suited to your needs and situation.

SBA Standard 7(a) Loan


The 7(a) loan is the most common SBA loan and is the best option when used to purchase commercial real estate. The loan includes financial help for small businesses with special requirements.


Learn More



Commercial Bridge Loans


Commercial Bridge Loans allow borrowers interim financing during a non-residential property stabilization, which generally requires improvements of the property condition or rental occupancy rate, until permanent take-out financing is achievable.


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Asset-Based Loans


Asset-based loans provide borrowers an opportunity to leverage the value of the property as well as other hard assets to secure a loan. There are two property types to consider when applying for an asset-based loan, residential and commercial. 

Learn More


SBA 504 Loan Programs


The 504 loan is a common SBA loan and is your best option for fixed-rate and long-term financing for fixed assets such as buildings, facilities, and land. 


Learn More



Conventional Loan Programs


Conventional commercial loans tend to be the most straight forward type of commercial loan. They are what you would expect-a commercial mortgage backed by commercial property. The lender is typically a bank, credit union, or other type of investment institution.


Learn More


Start Your Loan with DDA today
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By Didier Malagies 13 May, 2024
There are two main types of FHA 203(k) loans: Standard 203(k) Loan: This is for more extensive renovations and repairs, including structural changes and repairs that exceed $35,000. The loan amount is based on the projected value of the property after the renovations. Limited 203(k) Loan: This is for less extensive renovations and repairs, typically costing less than $35,000. It's often used for cosmetic improvements, such as updating kitchens or bathrooms. Some key points about FHA 203(k) loans: They require a down payment of at least 3.5%. The property being renovated must be a primary residence. Borrowers must work with an FHA-approved 203(k) consultant. There are specific eligibility requirements and guidelines for the types of renovations and repairs that can be financed. Overall, FHA 203(k) loans can be a helpful option for buyers and homeowners looking to finance home improvements, but it's essential to understand the requirements and limitations of the program before applying. Tune in and learn https://www.ddamortgage.com/blog Didier Malagies nmls#212566 DDA Mortgage nmls#324329
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One program that is available for first-time home buyers is where you can put 1% down and the lender will give you the other 2% towards a down payment. A total of a 3% down on your home. If you bought a 300,000 home you would put 3,000 down and if you got the seller to pay 3% of closing costs, you just bought a home for $3,000. What would it cost to move into another rental? First, Last, and deposit? Now for the next program. depending on where you live, you could get up to $5,250 for a down payment or closing costs. That is huge and with the seller paying closing costs, Now you can see how the opportunities of getting into a home No liens, second mortgages, or anything. This is a great opportunity not to have to do down payment assistance with a second lien against your home with certain restrictions there are no restrictions with the 1% down or up to $5,250 towards down payment or closing costs Please let me know how I can help you tune in and learn at https://www.ddamortgage.com/blog Didier Malagies nmls#212566 DDA Mortgage nmls#324329
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