Real Estate
LOW DOWN PAYMENT
- Only 10% down for most commercial building loans
- Your equity in the building or land can be part of the down payment
- Keep more of your cash for working capital
LONG-TERM FIXED INTEREST RATE
- Lock in your rate for up to 25 years
- Interest rates are typically below market rates
- A fixed-rate means consistent monthly payments
- 10-year, 20-year, & 25-year loans, fully amortized
Loan Structure
Bank Loan
Lien Position: 1st
SBA 504 Loan
Lien Position: 2nd
You
Down Payment
ADD 5% OR 10% DOWN IF…
- Your company has been in business for less than two years (a startup) a 15% down payment is needed.
- Certain types of buildings are considered “special purpose” and require a 15% down payment.
- When your business is a startup AND you have a special-purpose building, a 20% down payment is required.
Call us today to get started!
SBA 504 Calculator