Keep up with the latest news and updates about SBA loans and other small business loans here.
July 6, 2022
Self-storage business loans and financing options from the SBA The $39.5 billion self-storage market is growing rapidly with the United States driving its expansion. 9.5 percent of American households rented self-storage units in 2015. Currently, there are 49,000+ self-storage facilities in the United States and this number will continue to rise. As residential real estate
July 4, 2022
Owner-user financing can be a near-perfect loan option for financing your next venture. The acquisition of a commercial property can be financed in a variety of different ways. Obviously, you have the option to pay with cash, but the vast majority of people do not possess the necessary funds to do so. There is almost
June 26, 2022
U.S. Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-MD) last week convened a hearing on the Biden administration’s Fiscal Year 2023 (FY2023) budget request for the SBA. Specifically, the budget request proposes a $28 million increase in SBA funding to the SBA’s entrepreneurial development programs from $290 million in FY2022 to $318 million.
June 25, 2022
Using Section 504 Loans to Construct or Acquire Car Washes SBA 504 loans could be an excellent option for them to acquire the capital they need to build their own self storage facilities. With over 63,000 car wash facilities in the US (and growing) and over $15 billion in annual revenue, getting into the car
June 25, 2022
The days of nearly “free” money are coming to an end. After months of alarming inflation numbers, the Fed has raised interest rates and signaled additional hikes are on the way. Now that the central bank is pumping the brakes in an effort to cool off the economy, businesses won’t find it as easy to
June 24, 2022
Using Section 504 Loans to Construct or Acquire Self-Storage Facilities Self-storage has mushroomed into a massive sector in the United States over the course of the past few decades. Today, a self-storage facility can be found in almost every town in the United States. According to The SpareFoot Storage Beat, as of 2020, the self-storage
Page [tcb_pagination_current_page] of [tcb_pagination_total_pages]
Want to join our "Insiders Club?" Fill out the form below & click the button.
