Whether or not a small business should own or rent commercial space is a decades-old discussion. Some businesses, like many retail establishments, may have little choice as prime shopping locations are only available for rent. Other business owners may not believe they can afford to buy, or they may just like the flexibility of a short-term lease. Yet for many small business owners, current market conditions (low interest rates) and availability of advantageous capital from the U.S. Small Business Administration make owning commercial real estate not only a viable solution but also a very profitable one. The SBA's 504 Loan Program offers phenomenal interest rates and favorable terms...
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