Small businesses have the greatest potential to transform our economy. If you know any business owners who would like to buy a business property, please let them know there are opportunities available with SBA loans with as little as 10 percent down.
There is also an SBA Express loan which requires less paper work and hassle. The maximum loan amount is up to $1 million temporarily until 9/26/11. After that the maximum loan amount will be $350,000.
If a Bank is a Preferred Lender with the SBA, the Bank can usually do a loan without getting approval from SBA.
If you or someone you know would like more information about this, we can refer you to one of the SBA preferred lenders in our network.
Click here for a list of SBA business loans.
Let us know if we can ever help you with your real estate needs.
Visit our website at: www.ownchicagorealty.com.
Email us at: honestlyblog@goldenarrowrealty.com.