Not many small businesses today could afford to buy a building for their business, considering that banks typically require the buyer to put down 35%-50% of the purchase price. But the federal government-backed loan program SBA 504 is a great option to consider, as it allows qualified buyers to obtain 90% financing.
Not many small businesses today could afford to buy a building for their business, considering that banks typically require the buyer to put down 35%-50% of the purchase price. But the federal government-backed loan program SBA 504 is a great option to consider, as it allows qualified buyers to obtain 90% financing.
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