How To Build Wealth Through The SBA 504 Loan Program
The SBA 504 Loan Program is a Federal Government Guarantee program designed to incentivize business owners to purchase commercial real estate to occupy their business.
Be sure to browse other episodes in the SBA FM podcast library for more in depth knowledge of the SBA 504 loan program.
A few notable highlights of the SBA 504 loan program include the following: Only a 10% cash down payment, low interest rates fixed up to 25 years, a favorable pre-payment penalty structure, permission to lease up to 49% of the usable square footage and the ability to finance tenant improvements, equipment and loan fees into the loan providing for maximum leverage.
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