SBA 504 Rates: Understanding Current Trends and Impact on Small Business Financing
The SBA 504 Loan Program is designed to support small businesses seeking long-term financing for significant fixed assets
SBA 504 Program
Buy Gas Station With An SBA Loan
The future of gas stations in the United States is undergoing significant transformation due to evolving trends and advancements in transportation. With the increasing adoption of electric vehicles (EVs) and the push for cleaner energy sources, gas stations are likely to adapt and offer alternative fuel options. We can expect to see the integration of …
Benefits of SBA 7(a) And 504 Loans To Purchase Real Estate
SBA Loans To Purchase Real Estate Small businesses often struggle to obtain the necessary funding to start, maintain, or grow their operations. One way that the US government supports small businesses is through the Small Business Administration (SBA) loan program. SBA loans provide small business owners with access to affordable and flexible financing options that …
Buy a Car Wash With An SBA 7(a) or 504 Loan
If you’re interested in purchasing a car wash with an SBA loan, here are some steps you can take: Purchasing a car wash with an SBA loan can be a complex process, but it can also provide an opportunity to acquire a profitable and established business. Be sure to work with professionals, such as accountants …
How To Prepare To Apply For An SBA Loan
Preparing to apply for a Small Business Administration (SBA) loan can be a lengthy and detailed process, but it is essential to ensure that your application is approved. Here are some steps you can take to prepare for an SBA loan application: By taking these steps, you can prepare a strong application for an SBA …
Collateral Assignment of Life Insurance Requirement For SBA 7(a) & 504 Loan Programs
Life insurance is a contract between a policyholder and insurer where the insurer promises to pay the insured’s beneficiary an agreed amount upon their death. The most common application is between heads of household and their dependents. Life insurance is also leveraged by commercial lenders as a risk mitigation tool for loan applicants of privately …
Small Business Real Estate Loans
Purchasing commercial real estate for your small business is complicated. There are many things to know before beginning the process to help you reach your goals without making any major mistakes. The first thing you need to know is there are landmines every where and if one or more of these landmines blow up it …
Ultimate Guide To Purchasing Commercial Real Estate For Small Business
Purchasing commercial real estate for your small business is complicated. There are many things to know before beginning the process. The first thing you need to know is there are landmines every where and if one or more of them detonate it can be disastrous for you, your partners, shareholders and employees and ultimately for …
Is It Better To Own Or Lease Office Space?
Starting, operating and growing a business is no easy task. In fact, most entrepreneurs fail to build a sustainable business and quit. For those entrepreneurs who succeed, they find themselves faced with an exciting but tough decision. Is it better to lease or own their office space? Like many decisions, there are positives and negatives …
SBA Guaranteed Loans 101
You may have heard the term SBA loan but haven’t a clue what it means. Don’t worry, you’re not alone. Hello, my name is Ryan Smith, Principal Broker and Founder of ThinkSBA. I help business owners and entrepreneurs obtain the capital they need to grow or start their business. Truth About The SBA An SBA …