Curious as to whether you and your business are a good candidate for an SBA Loan? You’re not alone! Thousands of businesses, of all shapes and sizes, use SBA 504 loans every year to expand their business. Whether that be buying new equipment, purchasing a new...
Access to capital is consistently one of the top challenges entrepreneurs and small businesses encounter, making the SBA 504 Loan Program a vital resource to economic growth and job creation. We’re happy to report SBA 504 lending is up 21% so far in Fiscal Year...
We wanted to relay the latest information we have received from the U.S. Small Business Administration (SBA) regarding a reduction in the debt relief benefits originally authorized under the Economic Aid Act enacted December 27, 2020. In Section 325 of the Economic...
Many small business owners may wonder if expanding into multiple locations is possible using the SBA 504 Loan Program. The answer is yes! SBA 504 financing can actually be leveraged several times simultaneously, up to SBA’s lending limits. This is a smart move...
The U.S. economy thrives on competition…in fact, healthy competition drives ingenuity and keeps prices down. But in the age of a pandemic, businesses joining forces to help support and promote other businesses is becoming not only normal, but an important way to...
Before it has investors, customers, profits, press coverage, or even a perfected product, every company has at least one valuable asset: its founding story. The Founding Story… As a 1985 graduate of Southern Illinois University, with a degree in finance and...
