• 504 Loans Protect Your Future with Property Ownership

    Economists predict that commercial real estate transactions are on the rise. According to Anita Kramer, Vice President of the Urban Land Institute Center for Capital Markets and Real Estate, "Consistent growth in the real estate industry is supported by expected on-going improvements in the economy." Lawrence Yun, the chief economist for the National Association of Realtors, adds, "Vacancy rates are steadily falling." Office, retail, and industrial vacancy rates are all expected to decline over the year. Consequently, the rents in these areas are on the rise.

    The economic upturn is great news for business owners. Many businesses find themselves in a strong position for growth. However, the boom in commercial real estate means fewer spaces are becoming available for lease, and those rental spaces that are available are becoming more expensive. Now is the time to consider property ownership. Community Business Finance's 504 Loan Program offers a way for businesses to purchase commercial property with an affordable loan and avoid the pitfalls of leasing.

    Our 504 Loan Program offers a below market fixed interest rate, 20-year amortization, with a 10% down payment. You can also finance closing costs and other soft costs into the loan. These features allow you to purchase property for monthly costs that are usually less than paying rent, as well as using less cash up front. Protecting your working capital allows you to use that money for other expansion needs, like hiring new employees or increasing your inventory.

    There are many benefits to owning your own business property. Owning offers control, consistency, and financial advantages that leasing cannot provide.

    Property Ownership Saves Money

    There are financial advantages with ownership including tax savings and building equity. The interest on the mortgage loan is tax deductible and you can take annual depreciation deductions on property taxes. Additionally, paying a mortgage instead of rent allows your money to continue to work for you instead of your landlord.

    Property Ownership Brings Consistency

    With a long-term fixed-rate mortgage, you can anticipate your monthly expenditures. Remember, rental amounts are expected to keep rising, and ownership eliminates unexpected rent increases. You also avoid a costly move when your lease expires, or when you outgrow your leased space.

    Property Ownership Gives You Control

    With new construction, you have the freedom to design the building to suit your business needs, instead of conforming to existing floor plans. You can make improvements as they become necessary and the building can grow alongside your business.

    Purchasing or constructing a stand-alone building allows you to change the appearance of the property to maximize your visibility, and place signage where it will serve as an effective marketing tool.

    Property Ownership Protects Your Future

    Don't let current economic improvements actually hinder your company's growth. Protect your future with property ownership, and invest in the freedom and financial benefits that ownership provides.

    Community Business Finance's 504 Loan Program can show you how property ownership is a real possibility.

    To Get Started fill out a short online form and a loan expert will contact you.

    You can also contact our offices:

    In Texas call Bill Ebersole at 713-457-1650, ext. 201, or email him at bill@communitybusinessfinance.com.

    In Louisiana, call Jeanne Bergeron at 1-800-462-1017 or email her at jeanne@communitybusinessfinance.com.

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