SBA 504 Loans
SBA 504 Loans:
The Small Business Administration (SBA) 504 loan program was created to help small to mid-sized business owners acquire commercial property that they will occupy (at least 51% of the square footage) with a low down payment.
504 loans have gotten a bad reputation for the tons of paperwork involved and the long time it typically takes to close the loan.
Don't believe it!
We can do a SBA 504 in about 60 days allowing you to put your main focus on moving your business into new, more efficient space that will not only increase your profits, but build your retirement equity as you will be paying yourself the rent.
Presently, the Government is waiving the 2% origination fees on loans up to $2 million. We expect by March 2010, the maximum loan size will increase to $5 million.
If your own your own business in leased quarters, there hasn't been a better time to find the perfect property for your business at a bargain price and purchase it only 10% down.
Start looking for your business's new home and call me when you find it.
Of course the numbers will have to work, but I can show you how to do a simple analysis so you you will know the ideal property when you see it ---- and we will do your SBA 504 loan so fast, it will be smokin like burnt rubber.
Get even with your Landlord, --- become one!
Arthur
860-946-6637
