504 Capital Corporation

T here are so many commercial real estate loans on the market it can be difficult to choose which one to pursue. As a commercial real estate loan company in Virginia , North Carolina, and Maryland, we have seen our fair share of mistakes. Allow us to help you take the next step forward with a pre-layed plan and the documentation you need to be approved.  Top Commercial Real Estate Financing Mistakes to Avoid There are a variety of mistakes that businesses and business owners make that are detrimental to their commercial real estate financing success. In many cases, these mistakes can be easily avoided with a little bit of planning and forethought. To ensure you have the best chance at being approved for a business loan, here are a few tips to follow. Have A Business Plan The best, and number one mistake we see businesses make is not having a business plan. Lenders want to see that the money you are applying for will go to good use and that they will see a return on their investmen...

  Your taxable income greatly influences the return your receive or the taxes you must pay during tax season. As a small business, monitoring your taxable income and properly saving to avoid fees is necessary. If you received an SBA loan and are concerned about how it will influence your taxes, let us help to assuage your fears. At 504 Capital , we provide SBA 504 loans to small businesses in Virginia, North Carolina, and Maryland. To help other small businesses, we wanted to create a short guide that answers all your questions about taxation and SBA loans.  Are SBA Loans Taxable? An SBA loan is a loan backed by the Small Business Administration of the United States government. These loans are designed to assist small businesses with purchasing land, commercial real estate, supplies, furniture, fixtures, etc.  Like other business loans, SBA loans are not considered part of your business's taxable income. This means that, in most cases, an SBA loan is not taxable. There ...