In the realm of business finance, choosing between fixed and variable rate loans can significantly impact long-term financial stability. While variable rates fluctuate with market conditions, fixed interest rates offer predictability and security over an extended...
Grace Ballet & Acrobatics Studio, owned by Anna Johnson, has successfully operated for two decades, and with the assistance of the SBA 504 Loan Program, she was able to lock in a lower fixed interest rate to increase profit margins and create stability. Grace...
If your business plans include green energy improvements, the SBA 504 Loan Program can not only help with financing, but also help you keep more money in your pocket. The U.S. Small Business Administration (SBA) and U.S. Department of Energy (DOE) are teaming up on a...
With the turn of a new year, are you thinking about seizing new opportunities to grow your business? That’s why the U.S. Small Business Administration (SBA) developed the 504 Loan Program…to offer business owners a more affordable and accessible way to grow and...
For banks interested in obtaining CRA Credits, there are new changes ahead that will make it easier! On October 24, 2023, the Federal Reserve, the FDIC, and the OCC issued a Final Rule amending the agencies’ Community Reinvestment Act (CRA) regulations. The agencies...
When it comes to SBA 504 Loans, it matters which Certified Development Company (CDC) you work with. Those who have investigated the U.S. Small Business Administration’s (SBA) 504 financing options have probably seen a reference to a Certified Development Company...
