One of the most commonly asked questions we hear from small business owners is, “How can I improve my chances of securing a business loan?” We recommend approaching the financing process the same as you would approach dating. There are things you can do that improve...
This November 30th, you can be a part of the 10th annual holiday shopping tradition called Small Business Saturday that helps to bring communities together in support of their favorite small businesses. Are you ready to Shop Small® and make a big impact in your...
The U.S. Small Business Administration (SBA) is dedicated to honoring the veterans that served in our country’s military and recognize the vast business potential they represent. SBA 504 Loans for Veterans is just one of the many measures SBA has taken to help...
SBA has announced lower fees for the SBA 504 Loan Program during Fiscal Year 2020 that will become effective October 1, 2019. Ongoing SBA Borrower Fee The Ongoing Borrower Fee for standard 504 loans is decreasing from 0.368% to 0.3205% of the outstanding...
Every year, the U.S. Small Business Administration (SBA) helps Americans secure billions of dollars in financing so they can start or grow a business. However, we still hear many common myths about SBA 504 loans. While some are harmless misunderstandings, others can...
With the September 2019 debenture pricing, we are seeing very low interest rates for SBA 504 loans. Also, SBA 504 effective rates are sharply lower than Prime Rate despite the Federal rate cut in July. While no one knows where interest rates will go, the fiscal...
