This blog forum is for the discussion of real estate as an investment and as a place to call home. The home that you own is an investment as is the shopping center investment or the rental apartment building. All topics of real estate to further wealth building and wonderful living are open to discussion. The more diverse the better. Please try to challenge us.
Monday, March 12, 2007
SBA financing
The small business administration has loan products that assist business owners who are looking to grow. The most known loan is the real estate loan available to a business that will occupy more than 50% of a building. This loan requires only 10% down payment - of course the business must be able to support the financing. Aside from that, other loan products are for the purchase of businesses, tenant improvements, equipment and pleasure craft - oops, no not for that. If you have a viable business plan or have been profitable for the last couple years, this is a good option for expansion.
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