Buying A Building Part 1 | SBA 504 vs. Conventional Loans
WTF Gym Talk
00:00
The SBA Five O Four Loan vs the Conventional Loan
Many small businesses, especially in the microgem industry, that have 20 to 30 % of the down payment of a building. i would not recommend a conventional loan to a microgim owner who will be having to do the down payment on their own or with a business partner. The one thing that blows everybody away is how long it takes just to get the applications for an s b a five o four done. I was broke, absolutely broke with all the odds and the fucked up turns and the things that happen when you go this route.
Transcript
Play full episode
