Drive-Thru: Construction Loan Possibility (Benefits/Cons)?

ABM

New member
Mar 4, 2007
47
0
Atlanta
Among other decisions, I'm weighing out the differences between purchasing a pre-constructed espresso drive-thru from, say, http://www.elitemfgcorp.com/, or purchasing the plans and having it constructed on-site by a local builder.

If I purchase the unit from Elite, I'd probably have to take out a business loan, or such. However, if I have it built locally, might I be able to take out a construction loan instead? And, if so, might there be an benefits (cons?) in doing it this way?

Thanks in advance!
 

AJPRATT

New member
Mar 7, 2007
382
0
Atlantic City, NJ
I would talk to someone at your local Small Business Development Center or SBA. They could probably help you make a decision that is right for you and your area.
 
Top