SBA 504: Help For Veterans Seeking Commercial Real Estate Capital

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This Veterans Day, let’s remember that servicepeople in the commercial real estate industry have a few extra benefits when it comes to obtaining capital and credit. In a tight market for capital, that can make all the difference at the deal table — especially for owner-occupiers.

SBA 504

The Small Business Administration (SBA) 504 program offers US military veterans and service disabled veterans commercial financing for purchase of real estate that will house your business, expand, retrofit, renovate or remodel an existing facility. Funds are also applicable  for refinance of an existing commercial loan as part of a business expansion.

Some terms of eligibility: A veteran-owned business is a business where at least 51% is owned by one or more veterans.

Not Limited To 504

You can browse the length and breadth of business advantages offered to veterans at the multi-departmental government business.usa.gov. Under its Resources For Veterans page, you can find a long list of benefits including business outreach, assistance in working with federal agencies, and the Center For Veterans Enterprise.

The list doesn’t stop there.  CVE and other sites provide a wealth of information for vets in business and commercial real estate: an enduring government thank-you for those who answered the call to service.

 

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11. November 2013 by Wayne Grohl
Categories: Refinance | Tags: , , , , , | 3 comments

Comments (3)

  1. Thank you for the info about the SBA 504 program and other sources offered for our veterans. They deserve our gratitude and our support. I look forward to sharing this opportunity with eligible clients.

  2. Excellent article and valuable information to add to my commercial real estate practice. Please add me to your email distribution list.

    Thank you.

    Will Schneider

  3. Thanks for this nice sharing. SBA 504 program is very helpful for veterans. If you are looking for the commercial financing then go to selective financial services. Selective Financial Services have a great experience in financial market.
    http://selectivefinancialservices.com/

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