Lower Down Payments for Loans for Corporate Real Estate
June 1st, 2017 | Categories: Buying a Property · The Real Estate Market
CCR research indicates the Small Business Administration (SBA) is moving to provide improved support for companies to invest in real estate. A program currently available, for companies with good history and financials, is structured to allow business to retain operating cash but also purchase real estate with a low-down payment of $10,000. This program is available for purchases up to $5,000,000.
Real Estate investment for business operations may also see improved cash flow provided by extended SBA 504 loan terms from 20 to 25 years in 2018. These loans, unlike the program above, will continue to be available with minimum 10% down payment provisions. The subject programs should give renters the opportunity to own, build equity, and secure long term plans.
Contact G. Pat Ryan at (847) 361-7871 or [email protected] for additional information and assistance in getting started.