Buy a building for your business with a 10% down payment*

Owning the location of your business may offer security and leverage in your business operations. CNewell Realty

Monday August 1, 2022

Other than renting, you can also purchase a business location.

SBA.gov has a loan program that offers a minimum requirement of a 10%* down payment on a property for your business.

There are requirements, qualifications and certain limitations under the loan program, however this may be a great tool in securing space for your business.

The SBA is not the only option in financing ownership of business space and every business owner should assess all options in financing.

Owning your business space may bring security in knowing your monthly rent will not increase and offer the many tax benefits in owning real estate. It is recommended that you speak with a professional accountant, tax professional and attorney before signing any business deal and determine the best option for your business.

Have questions? Rent or buy? Both are great options depending on your needs.

Schedule a consultation with CNewell Realty in real estate options for your business.

*Final loan rates and terms are determined by individual business qualifications.

C. Newell