Even amid a pandemic, SBA rates are amazing! According to a new marketing piece issued by our friends over at SPEDCO, "SBA 504 rates remain extremely low."
We would recommend to any business owner looking for financing options for their business to review the options available through the U.S. Small Business Administration (SBA). Financing is available for the purchase of equipment, land, or buildings, and refinance options also exist.
As of the date of this posting, SBA504 rates for loans funding in December, 2020, remain very low:
25-year term - 2.471%*
20-year term 2.427%*
The team at APPRO and CERRON, your "go-to" design-build and commercial real estate professionals, are here to help in any way, as you consider your commercial or industrial space options for 2021. Now is a great time to get your next project teed up!
We are always just a click or a call (952.469.2171 or 952.469.9444) away!
*As quoted by SPEDCO. APPRO and CERRON are not lenders; it is recommended that you seek counsel from a professional lender, tax and/or accounting professional when considering your financing options.