6 Benefits of SBA 504 Loans for Commercial Real Estate

August 2, 2013
Buying a building or land can be a daunting undertaking. Interest rates and financing are always the topic of conversation! On the rise or historically low? Well, the truth is, they're both right now! There are alternative loan options that business owners have to finance commercial real estate. An SBA 504 Loan has multiple benefits over a conventional commercial loan - including substantially lower down payments and interest rates. In addition, funds from SBA 504 Loans can be used not only for land and building purchases, but also for existing building and lot improvements, new construction, long-term equipment purchases and more.

6 Quick Facts You Should Know About SBA 504 Loans for Commercial Real Estate:

1. Low Down Payments - Only 10% down for buildings or land
2. Low Interest Rates