It’s easier than you think to get the financing you need to grow your business! If you have outgrown your present location or your sales volume has increased and you need additional machinery, equipment and employees to meet the demands of incoming orders, the SBA Real Estate Advantage Loan (REAL) program could benefit your small business. If you are considering starting a new business and need to build or purchase real estate or equipment, the SBA REAL program can assist you.
Small businesses located in the state of Texas can look to the Southeast Texas Economic Development Foundation for their fixed asset-financing needs. We cover the entire state and will gladly travel to your community to share with you the benefits of SBA Real Estate Advantage Loan financing.
An SBA REAL is a partnership between a Certified Development Company (SETEDF), an applicant and a lender. The SBA program offers eligible small businesses long term,fixed rate financing on fixed asset projects. In partnership with a third party lender, we are able to provide the applicant with up to 90% of the project’s total financing requirements. This allows the applicant to reduce his/her capital investment to as little as 10%.
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