Needing to Buy, Build or Renovate Your Business Facility?

Posted on: May 26, 2017

ACCESS BUSINESS FINANCE, INC.

 

Small business continues to spur continued growth in the U.S economy and create jobs! Much of the capital required to pay for the business growth and expansion has come from business owners themselves because of the uncertainty that existed in the economy prior to the recovery now in place.

 

Regardless of the healthier economy, many business owners are finding that now may be a great time to either purchase land to build a new building, or renovate and expand their existing building. If this sounds like you a U.S. Small Business Administration (SBA) 504 Loan may be just the thing to help you with a solution. The SBA 504 Loan Program was established to help businesses acquire real estate, construct a new building, renovate an existing building, and to purchase equipment and machinery. Access Business Finance is a certified development company authorized by the U.S. Small Business Administration to partner with business borrowers and lenders, to finance projects for business that help them create and retain jobs.

 

Finding the capital to finance your project is not always easy or a simple process. However, the SBA 504 Loan Program offers several features and benefits worth mentioning;

  • Affordable – Low down payment, generally 10% of the project cost
  • Long Term – Low fixed interest rate for up to 20 years, no balloon payment
  • Experience – Professional lending staff to help you through each step of your project
  • Smart – SBA 504 loan helps you preserve cash and reduce operating risk

So, if you’ve been waiting for the right time to buy, build or renovate your facility, NOW maybe it! Rising interest rates, solid economic growth, consumer demand, and a competitive marketplace are all reasons that NOW may be a good time to talk to us at Access Business Finance. We’re located at 8922 Beckett Rd., West Chester, Ohio, 513-777-2225. andy@accessbdf.com

 

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