The landscape of small business financing is evolving, and recent changes in SBA loan rules, as highlighted by Forbes, are set to make obtaining a small business loan even more accessible (Read more). Capital Access Corporation – Kentucky (CAC-KY) stands at the forefront, ready to leverage these changes for the benefit of entrepreneurs. Understanding the Impact of New SBA Loan …
Empowering Entrepreneurs: Navigating the SBA 504 Loan Program
In the ever-changing landscape of small business financing, entrepreneurs are constantly seeking opportunities to fuel their dreams and ambitions. The Small Business Administration’s (SBA) 504 Loan Program, championed by Capital Access Corporation – Kentucky (CAC-KY), stands out as a powerful catalyst for growth. Recent insights from NerdWallet shed light on the diverse landscape of SBA loans, emphasizing the unique advantages …
How We Support Businesses Purchasing Land in Kentucky
As a business owner in Kentucky, you understand the importance of having access to capital to acquire land for your operations. Whether you’re looking to expand your existing facility, build a new location, or purchase land for future development, the 504 Loan Program issued by the U.S. Small Business Administration (SBA) can provide the financial support you need. The 504 …
Down Payment for SBA 504 Loans: What You Need to Know
So, you’re thinking about getting an SBA 504 loan to help your Kentucky business grow? That’s awesome! But before you jump in, there’s one important thing you need to know: the down payment requirement. The minimum down payment required for an SBA 504 loan is 10% of the total project cost. But there are a few factors that can affect …
Benefits of the SBA 504 Loan Program for Business Owners Looking to Purchase Real Estate Property
Business owners looking to purchase real estate for immediate use can bask in the numerous benefits offered by the SBA 504 Loan Program. Let’s explore these advantages and of course highlight how we can guide you through this treasure trove. Lower Down Payment Requirements The SBA 504 Loan Program presents a remarkable benefit—minimal down payment requirements. While typical commercial real …
Understanding the Best Loan Structure – Specific to You
Many businesses encounter problems when seeking long-term financing. Recognizing this, we administer and team with the U.S. Small Business Administration (SBA) to offer the 504 loan program to give businesses a financing alternative. The SBA 504 loan program is a great option for entrepreneurs or small businesses that need financing for major fixed assets, such as real estate or equipment. …
The 504 Loan: The Perfect Way to Start Your Business
So you’ve got a great business idea, but you don’t have the money to get started? Don’t worry, you’re not alone. Millions of new businesses & entrepreneurs face this same challenge every year. Here’s the good news: there’s a loan program that can help you get the financing you need to start your business, even if you don’t have a …