To Buy or To Rent?

buyvsrent

With long-term rates at historic lows, it’s a good time for a small business owner to consider purchasing a building instead of leasing space for their business. First District Development Company provides up to 90% financing through an SBA 504 loan package to small businesses for the purchase and/or construction of commercial real estate. The SBA 504 program also allows the refinance of commercial real estate with or without an expansion project.

Small business owners are often so focused on growing their profits through increased income, they neglect to examine what reductions can take place on their expense side. Purchasing commercial real estate is one way to reduce expenses and gain equity for the small business owner.

Contact FDDC to discuss the details of SBA 504 financing options.