The top three reasons to own a commercial building are:
1. Equity – every payment made is an investment in a business owner’s future. They can leverage the accumulated wealth for further business growth or new options when the time comes to retire.
2. Stabilize occupancy costs – rent increases no longer apply; the monthly payment is always the same. SBA-504 loans offer a fixed rate for 20 or 10 years.
3. Preserve cash – in many cases, the monthly payment to own is less than the rent. Small business owners can use the retained working capital to buy inventory, hire new employees, purchase needed equipment or invest in other strategies to grow or improve the business.
