Minimal Cash Required

Small companies that purchase a business condo at Club Auto Sport can take advantage of Small Business Administration (SBA) financing — which requires a down payment of only 10% of the purchase price.

More than nine out of ten businesses qualify for SBA financing, which offers several programs designed to help successful small to medium-sized businesses conserve their working capital for operations and expansion. On a condo priced at $250,000, an SBA loan requires a cash outlay of only $25,000 — compared with the $62,500 to $87,500 down payment that would commonly be required with traditional bank financing.

Again, as discussed under tax benefits, the special IRC Section 179 tax deduction and other write-offs can reduce your after-tax cash outlay to zero - or even pay you to buy instead of lease! For more information about SBA financing, talk with TMC Financing or your Club Auto Sport representative.