Are You A Small Business...
Looking to Expand?
Look Into an SBA 504 Loan
Found that perfect building, but your banker says you need 30% down? Can't afford 30% plus pay for renovations and soft costs and still have enough working capital left over for the expansion? Well, UPtown Columbus, Inc.can help you by making you a loan to buy that building through the SBA 504 loan program. Only 10%* down by you. All project costs are included-land, building, renovation and soft costs. The loans are long term and provide a low fixed interest rate. The SBA 504 loan program can even finance the purchase of your machinery and equipment. Are you interested?
*Please Note: Equity of 15-20% is required for start-ups and businesses with irregular profitability, lack of historical debt service ability, a short track record or for single purpose properties. You often need only 10%* down
For more information, visit the SBA Loan Information page