Webinar: SBA 504 Program: Long-term Fixed Rate Financing for Owner-Occupied Commercial Real Estate and Heavy Equipment

Date and time

-

Location

Online

Organizer

Virginia District Office
richmond.va@sba.gov

Host organization

Virginia District Office

Type of event

SBA event

Event description

You will hear directly from representatives of the three Virginia SBA-approved Certified Development Companies that will work with you to obtain the SBA 504 loan:

  • 504 Capital Corporation
  • Business Finance Group, Inc.
  • Rappahannock Economic Development Corporation

 YOU WILL LEARN ABOUT THE FOLLOWING BENEFITS FOR SMALL BUSINESS BORROWERS:

  • Financing available for owner-occupied commercial real estate or heavy equipment.
  • Up to 90% Financing available – preserve your capital for other uses.
  • Financing can include both hard and soft costs.
  • Long-Term, Below-Market Fixed Interest Rates
  • Longer Loan Amortizations – up to 25 years
  • 504 loans can be assumed if you sell the building.
  • Significant reduction in real estate expenses by moving from leased space to owning your own building.
  • Help build equity for your business.
  • Refinancing of debt used for owner-occupied commercial real estate and/or heavy equipment is permitted under certain circumstances.
Register