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1 minute read
months1 of an SBA commercial real estate loan
Between May 8 and August 4, 2023, Wells Fargo is offering SBA loans for owneroccupied commercial real estate with a 3.99% fully fixed interest rate for the first 12 payments of the loan.1,2,3 can be used for the
Financing options include either the 7(a) or 504 SBA loan products and initial purchase or the refinance of owner-occupied real estate.2,4 Following the initial 12 payments, you’ll realize a competitively priced, fully fixed interest rate for the remaining loan term.5 In addition, SBA loans may offer longer repayment terms – potentially up to 25 years –and down payments as low as 10%.2
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. And, Wells Fargo is offering you one more great reason between now and August 4, 2023.
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
Jose A. Taveras VP- Senior Small Business Development Representative (LO) Cell
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