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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