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Can You Use a SBA 504 Loan for Self Storage?

self storage unit open to reveal stacks of boxes

Starting or expanding a self-storage business can be a lucrative venture. Nearly everyone will need a storage unit at some point, which makes it a fairly attractive investment. 11.1 percent of all American households currently utilize self storage, contributing to this 29 billion dollar industry. So how can you get in on the action? For […]

Financing a Car Wash With the SBA 504 Loan?

white car in a car wash tunnel

It seems you can’t throw a rock these days without hitting a “car wash coming soon” sign. But what is it about a car wash that makes it such an appealing business opportunity? And what are your financing options? Let’s take a closer look at why car washes are one of the fastest growing industries […]

Should You Buy Commercial Real Estate?

For sale sign for commercial real estate

Many types of businesses require commercial real estate from which to operate. From office spaces to warehouses, these spaces provide a brick-and-mortar place of operations for many entrepreneurs. In general, there are two means of securing commercial real estate: leasing and buying outright. There are pros and cons to each, which we will discuss further […]