Small business financing can benefit both the commercial real estate developer and the entrepreneur.
While you may know a real estate developer as the individual who manages the build out of various pieces on infrastructure for the property (streets, utilities, signage, etc.), many commercial real estate developers also contract the construction of the actual buildings as well. In cases like these, an SBA lender and a commercial real estate developer can work with small business owners to maximize benefits for all parties involved.
Through his relationship with the small business lender, the commercial real estate developer can offer favorable SBA financing terms to his prospective buyers. The developer benefits by not having to carry as much debt for a particular project (leaving him free to finance other projects), since the small business owner is the one procuring an SBA loan for construction of new building.
If you’re a small business owner or a commercial real estate developer interested in making SBA financing work for you, watch the short video below and contact me for more information.