SBA Coffers Still Have Money To Loan!

Keywords:
SBA loans

It is no secret that the SBA fund is now about HALF what it was when President Clinton left office. The good news is that business people as a whole seem to assume that NO business loans are being made, and have mostly stopped asking.

BUT THAT JUST ISN'T TRUE!

The National Association of Development Companies has announced that SBA 504 loans are still being issued to small business owners in spite of the economic situation.

The actual purpose of these SBA loans is to provide start-up capital for small businesses, including real estate purchases by business. Small business owners who need more space can therefore easily exploit any vacant commercial property in their neighborhoods, making this an ideal time to expand at a very competitive price. Brand-new businesses can also use this loan program to get started in operation.

Go talk with your local SBA lender to get specifics for your area. There may be more money than you expect.