SBA loans are a fantastic low-money-down option for purchasing management companies and they're great for small business owners in general. Plus, the terms are really favorable, your cash-on-cash return is higher, and the interest rates are typically lower. This is a strategy companies like RedAwning, Vacasa, and others are already using, so if you’re thinking about expanding your business, it’s definitely worth looking into.
SBA loans are a great way to get started! Preserve your cash and have lower monthly payments!
What’s SBA stand for??
Real Estate Investor | Aspiring International Professional
5moThank you for sharing, Ryan Bakke, CPA; this is great information, and using SBA loans is not a strategy that I have not thought too much about prior to this.