The June SBA 504 rates came in even lower, than the month of May!
If you know of a business or entrepreneurial venture that could benefit from a low, fixed interest rate with as little as 10% equity injection, now is the time to hop in before the rates rise!
Great uses of SBA 504 loans right now:
- To purchase a business that has real estate and/or long term equipment (20+ year life)
- To construct a new facility for your business
- To expand your existing facility for your business
- To purchase long-term equipment for your business (10+ year life)
- In certain circumstances, to refinance your business debt
