Is your Accounting Firm recommending SBA 504 Loans? As a professional intimately familiar with a business client’s financials, stepping beyond tax prep and bookkeeping into the role of consultant makes sense for both your client and your accounting practice. Offering business advisory services not only allows you to deepen your relationships with current clients and help retain them, but also distinguishes your practice from other accounting competition. No matter what, one key element is that of offering clients assistance in securing a business loan. This type of service is valuable to small businesses, as some business owners may not know the best financing solutions or the most effective way to showcase their company to financial institutions.
If you’re an Accountant, we have something in common. Neither of us can truly capture our client’s attention by telling them what we do. Simply saying “I offer accounting services” or “I offer the SBA’s 504 Loan Program” isn’t going to leave a lasting impression, because, honestly, it doesn’t tell a client “what’s in it for them.”
What people do care about is how they can benefit. How we can save them money. How we can finance their expansion while avoiding future balloon payments. How we can help them preserve their working capital while still investing in their business property.
We can help you become the “go-to” solution provider and trusted resource for your business clients. Do you have clients envisioning bigger and better things for their business? Consider the benefits of the 504 Loan Program:
- Low, fixed interest rates
- Long loan terms – 10 or 20 years
- Option to use existing equity as down payment
- Option to include eligible business expenses in the loan
- Predictable payments – no future balloons
Offering business advisory services not only allows you to deepen your relationships with current clients and help retain them, but also distinguishes your practice from other accounting competition.
Furthermore, we work in conjunction with local banks…not in competition with them. Your client can keep the established lending relationship you both trust. Or, if they need a lender, we can match them with any of our lending partners. With all of the uncertainty around maintaining a predictable flow of capital to businesses, a commercial loan provided by a bank, but guaranteed by the federal government almost sounds too good to be true. Standing behind such loans is one of the responsibilities of the U.S. Small Business Administration’s (SBA) Guaranteed Loans Program.
Why Growth Corp? We know small business. It’s our passion. We are proud to have helped thousands of businesses facilitate expansion. As the largest 504 lender in Illinois, we have dedicated ourselves to making the 504 Loan Program as efficient and seamless as possible. In addition, we are an authorized Continuing Professional Education sponsor and can provide you with C.P.E. credits for our SBA 504 Loan Program update course.
And, keep in mind, if you are looking to expand, remodel, acquire an existing accounting firm or open a new firm, we have the expertise to provide you with appropriate financing, peace of mind, and confidence in facing the exciting future for your firm. If you want to learn more, we would be happy to meet with you. Contact Us today to get started!
Let’s join forces! Make Growth Corp your partner in helping businesses discover the very best solution to their expansion concerns…the 504 Loan Program.