Never Been Better To Be An MBA

By the My MBA Career Content Team � Find Top MBA Degree Programs

The Small Business Administration's (SBA) 504 loan program provides MBAs and entrepreneurs with financing for commercial real estate and there has never been a better time to buy property than now.

The SBA's loans provide long-term, fixed rate financing for small businessmen and women looking to buy facilities for their businesses. The interest rate on agreements lasting 20 years has just dropped to 5.14 percent, which is a record low.

"There is just no better deal available for the purchase of real estate or for expansion of existing facilities," said Chris Crawford. Crawford is the president of the National Association of Development Companies. "I urge any business owner thinking about expanding to call their banker and ask about the SBA 504 program now."

The reason the interest rate fell is because the bonds that fund SBA loans were sold to investors at a rate of 4.2 percent this month, a low sale price.

If you've always wanted to start your own company but feel you don't have the business background necessary to do so, consider enrolling in an MBA program today. An MBA degree and government financing could be enough to get you on your way to going into business for yourself.

• Tennessean Organization Wants MBAs

• MBAs In Wisconsin Get Government Support

• QSR Opportunities For MBAs

• Some MBAs Say Future Looks Good

• Never Been Better To Be An MBA

• Good News For MBAs: Bank Gets Special Status

• AMEX Says Some MBAs Optimistic

• MBAs And Entrepreneurs Keep It Simple

• Book Release Party Could Be Worthwhile for MBAs

• Government Offers MBAs Help