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.
Wednesday, June 4, 2008
Small Business Administration Loans SBA
The Small Business Administration guaranteed loan programs are a great way for businesses to purchase real estate that they need. The most attractive aspect of the SBA is the low 10% down payment required. Also, the SBA loans are tied to the prime rate which right now is approaching historical lows. Banks are very willing to lend on SBA loans because their risk exposure is far less due to the guarantee provided by the SBA. Let me know if you want a great recommendation to an SBA loan agent.
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