Until April 30, 2024, Stirling Capital Group is offering a SBA 7 (a) or 504 loan for owner-occupied commercial real estate with a special promotional rate.  Qualified applicants will receive a 3.99% fully fixed interest rate for the first 12 payments of the loan.

The SBA loan may be used for the initial purchase or the refinance of owner-occupied commercial real estate. In addition, up to $500,000 for construction improvements, working capital, and equipment, can be included in the loan.

Following the initial 12 payments, you’ll realize a competitively priced, fully fixed interest rate for the remaining loan term. Further, SBA loans may offer longer repayment terms – potentially up to 25 years – and down payments as low as 10%.

There are many good reasons to stop paying rent and to start building equity in your business through ownership of the facility from which your business operates. Let’s explore a few.

Benefits of Owning Commercial Real Estate

One of the primary benefits of owning commercial real estate is the long-term stability it offers. Unlike renting, owning a property provides you with a sense of security and control over your business location. You no longer have to worry about fluctuating rental prices or the possibility of being forced to relocate. This stability allows you to focus on growing your business and building strong relationships with your customers.

Additionally, owning commercial real estate offers the opportunity for financial gain through appreciation. Over time, as the value of the property increases, so does your equity. This can be a significant asset for your business, providing you with a valuable asset that can be leveraged for future growth or even sold for a profit.

Another advantage of owning commercial real estate is the ability to customize the space to suit your business needs. When you own a property, you have the freedom to renovate and modify the space to create the ideal environment for your business operations. This level of customization can enhance productivity, employee satisfaction, and customer experience, ultimately leading to increased profitability.

When deciding whether to own or rent commercial real estate, there are several factors that you should consider. First and foremost, you need to evaluate your long-term business goals and growth projections. If you have a clear vision for the future and anticipate staying in the same location for an extended period, owning may be the better option.

In the long term, owning commercial real estate can provide a stable and predictable cost structure. Unlike renting, where rental prices can increase significantly over time, owning allows you to have more control over your expenses. You can lock in a fixed mortgage payment, allowing you to accurately budget and plan for the future. Additionally, as mentioned earlier, owning a property can lead to appreciation and increased equity, providing you with a valuable asset that can contribute to your overall financial stability.

Case Studies: Success Stories of Businesses that have Transformed Through Owning Commercial Real Estate

To truly understand the transformative power of owning commercial real estate, let’s explore some real-life success stories. These case studies illustrate how businesses have leveraged commercial property ownership to achieve their goals and thrive in their respective industries.

Case Study 1: ABC Manufacturing ABC Manufacturing, a growing industrial equipment manufacturer, decided to purchase a commercial property to accommodate their expanding operations. By owning their facility, they were able to customize the space to meet their specific manufacturing needs, resulting in increased efficiency and productivity. The stability and control offered by property ownership allowed ABC Manufacturing to focus on innovation and meet customer demands, ultimately leading to significant growth and market dominance.

Case Study 2: XYZ Restaurant Group XYZ Restaurant Group, a successful chain of restaurants, made the strategic decision to own their locations instead of renting. By owning their properties, they were able to establish a consistent brand presence and create a unique dining experience across all their locations. This level of control and customization allowed XYZ Restaurant Group to differentiate themselves from the competition and build a loyal customer base. The appreciation of their properties over time also provided XYZ Restaurant Group with additional capital for expansion and further growth.

Conclusion: Unlocking the Potential of Owning Commercial Real Estate for Your Business

In conclusion, owning commercial real estate has the potential to transform your business in numerous ways. The stability, control, and financial benefits that come with property ownership can provide a solid foundation for growth and success. However, it is crucial to carefully evaluate your business goals, financial capacity, and market conditions before making a decision. By considering these factors and following a systematic approach to purchasing commercial real estate, you can unlock the true potential of property ownership for your business.

So, if you are ready to take your business to the next level, call Stirling Capital Group and explore the possibilities that owning commercial real estate can offer.  Let’s start a conversation today about SBA financing options that can help you own your business facility and achieve greater control over your business operations and associated expenses.