Benefits of Richmond Small Business Loan

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Small business loan corporation

• 504 Capital Corporation has a team of SBA lending
  specialists that provides SBA 504 financing in
  tandem with bank financing and equity, invested
  by the borrower. Our loans have a term of 25
  years, 20 years, and 10 years. Regardless of
  which you choose, youll receive a low
  competitive fixed rate. We work with banks,
  credit unions, commercial lending companies and
  private individuals.

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Eligible for land loans in maryland

• SBA 504 loan helps you to purchase land with 10
  down payment, long repayment terms. To Qualify
  for an land loans in Maryland, you must meet the
  following conditions
• Credit ScoreYou need to have a credit score of
  680 or higher
• Limited Outstanding DebtYour Debt Service
  Coverage Ratio should be no lower than 1.25
• Down PaymentYou must be able to satisfy the down
  payment requirement
• Proof of Payment AbilityYou will be required to
  show that you can reasonably afford the monthly
  payments of your loan
• Clean Financial HistoryIn addition to not having
  a lot of outstanding debt, you should also not
  have a history of recent bankruptcies,
  foreclosures, or tax liens.

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Benefits of Richmond small business loan

• Richmond Small Business loan provide a number of
  very attractive benefits over conventional
  business loans offered by other financial
  institutions such as banks and credit unions. 
• SBA 504 loans also come with longer repayment
  terms than average business loans.
• Entrepreneurs and small business owners can apply
  for SBA 504 loans through what is called a
  Certified Development Company (CDC).

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• SBA 504 loans are beneficial to both lenders and
  borrowers. For small businesses looking for
  financing, they offer
• Easy Financing Borrowers generally need a 10
  percent down payment to secure an SBA 504 loan,
  compared with 20-30 percent usually required for
  conventional business loans offered by financial
  institutions such as banks or credit unions.
• Better Rates SBA 504 loans provide fixed
  interest rates and no balloon payments at the end
  of the loan term. 
• Longer Terms Extended terms on loans can mean
  lower monthly payments, which is especially
  beneficial for fledgling small businesses trying
  to create a customer base. By being able to
  channel more funds per month into
  marketing/advertising and to keep cash flow
  positive, longer loan terms help businesses build
  slowly and strongly.
• Larger Loans SBA 504 loans can range from as
  little as 125,000 to 20 million or more. 
• When loan timing is critical, were the SBA
  lender in Virginia you should contact. Get in
  touch with us and lets get your dream moving
  forward.

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Contact Us
https//504capital.com/
Main-VA 501 Independence Parkway, Suite
330Chesapeake, VA 23320 Phone No. 757-623-2691
Richmond, VA 406 West Franklin Street, Ste.
208Richmond, VA 23220 Phone No. [phone]
North Carolina 4208 Six Forks Road Suite
1000Raleigh, North Carolina 27609 Phone No.
919-645-5735
Maryland 8403 Colesville Rd 1100Silver Spring,
MD 20910 Phone No. 240-638-2713