(English) Sacramento Small Business Lowers Occupancy Costs after Purchasing their Building with an SBA 504 Loan

(English)

Ralph Jensen, the owner of a family-owned fastener shop, never dreamed he could afford to buy a building for his business. He leased his property for 25 years before he was introduced to the SBA 504 Program and realized that buying a building was within his reach. By utilizing the SBA 504 Program, Jensen purchased his building with 90 percent financing and a record low interest rate.

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(English) Multiple SBA 504 Loans Fuel Success for FASTSIGNS Oakland

(English)

Linda Fong purchased a building at 325 5th Street in Oakland for $1,850,000 to accommodate her rapidly growing franchise, FASTSIGNS. By utilizing the SBA 504 Program again, Fong made the purchase with only a 10 percent down payment and a record low interest rate, fixed for 25 years.

 

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