Thinking about expanding your business in New York State but worried about high property costs and upfront capital? That’s exactly what we solved in a recent Southampton, NY case study.

Using the SBA 504 loan program, we helped a business:

• Purchase a second location on Long Island’s East End
• Finance renovations and improvements in one loan
• Preserve working capital with just 10% down
• Lock in long-term, fixed-rate payments

Key to success?

• Preparing a complete loan package with financials and projections
• Partnering with SBA-savvy lenders and a local CDC
• Ensuring at least 51% occupancy of the new property

The result: A second location up and running with predictable costs and room to grow—proof that SBA 504 loans work for New York businesses looking to expand.

If you’re considering a second location anywhere in New York State, an SBA 504 loan could be the smartest way to finance it.

Read more about our Southampton success story here: Mortgage1 Southampton SBA Financing Blog

#SBA504 #BusinessExpansion #CommercialRealEstate #NYBusiness #SecondLocation