You’re at an important threshold… Are you ready to purchase commercial real estate?

Whether you are ready to take your small business to the next level, or standing on the ground floor of a new endeavor, this guide will help you navigate the demanding research, and planning needed to demonstrate your business profits can pay for the real estate loan, and that positive cash flow will not be interrupted.
The TSBDC provides this and other guides for you to use at tsbdc.org/downloads.

Here is what you will find:

p. 4 — Professional Team: How and who should I gather? Broker? Legal? Advisor? Etc.

p. 6 — Analysis & Appraisal: Important analysis methods and questions, & Three appraisal methods.

p. 8 — Lenders & Loans: Important information like commitment letters, term sheet, environmental inspection etc…

p. 12 — Business Plan: Professional team, Description, property history and more(a more detailed guide on business plan here)

P. 14 — Financial Statements: Balance Sheet, APOD, Profit & Loss/P&L, and Cash Flow.

p. 19 — Purchase/Sale/Closing: Time Management, Transparency, price safety net, and expectations.

📌 Access the complete guide created by the TN Small Business Development Center here.

Feel more confident making financial decisions by gaining a better understanding of commercial lending.

Choosing a lender and developing a relationship is an important business goal. This Q&A series is for anyone who is looking for a understanding of how to contact and navigate commercial lenders and lending. It lays out the expectations, and necessary preparation to ensure that all lenders and business owners aim for the most mutually beneficial relationship.
The TSBDC provides this and other guides for you to use at tsbdc.org/downloads.

Here is what you will find:

Some of the questions …

… and many more.

📌 Access the complete guide created by the TN Small Business Development Center here.

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Learn how to better plan your capital needs and cash flow

Looking to secure funding for your business expansion, inventory purchases or daily operations? A Business Loan Calculator can give you quick insights into how much you’ll pay each month, how long it will take to fully repay the loan, and the total interest you’ll incur.
SCORE provides this and other guides for you to use at https://www.score.org/templates.

Here is what you will find:

📌 Access the complete guide created by SCORE here.