Now is the time to expand your business. However, expansion often requires significant capital investment, so it’s crucial to secure the right financing with a trusted partner.
The Small Business Administration (SBA) offers several options to help entrepreneurs. If you’re located in Texas and looking to purchase real estate for your business – an SBA 504 loan might be for you! The 504 loan program provides long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
Whether you are looking to buy a warehouse, retail space, or manufacturing equipment, the loan experts at Business Funding Group (BFG) can guide you through the entire process and help you secure the funding you need.
The SBA 504 loan program is a government-backed loan designed for small businesses seeking to invest in their long-term success. Compared to traditional bank loans, an SBA 504 loan is structured as a beneficial partnership between:
The main benefits of the 504 loan program in Texas include:
These features provide small businesses with accessible financing to grow and enhance their operations.
If you own a business in Texas, an SBA 504 loan could provide the financing you need to expand operations, purchase property, or upgrade equipment without depleting your working capital and cash reserves.
Here are some common uses for SBA 504 loans:
Cities are experiencing rapid business growth. Now is the time to ensure your company secures an SBA 504 loan to take advantage of this growth.
The primary criterion for an SBA 504 loan is that your business can demonstrate the ability to repay the loan and has good credit scores and a good credit history.
Any for-profit business in Texas with a net worth under $20 million and an average net income below $6.5 million after federal taxes for the last two years could qualify to use the SBA 504 loan for eligible real estate or equipment purchases.
Securing an SBA 504 loan in Texas requires working with an experienced lending team that understands the complexities of SBA financing. At BFG, we can handle all paperwork, approvals, and lender coordination to help you navigate the SBA process. This will lead to faster approvals and closing times from the top Texas lenders and CDCs.
The biggest advantage is that you and your business will receive personalized loan solutions. We recognize that every business is different, and our financing strategies reflect that fact.
If you are ready to grow your business, Business Funding Group could help you secure a SBA 504 loan in Texas that fits your vision and goals.
Contact one of our SBA loan specialists today for a 10-15-minute no-obligation call, and let us help you finance your business expansion!
(917) 593-5013