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SBA 504 – Change of Ownership

Recently, we’ve received more questions regarding the eligibility of financing a change of ownership (the buyout of a business partner) under the SBA 504 Loan Program. The SBA 504 was designed for small business owners to finance commercial real estate and...

Small Business Financing Designed for Small Businesses? Yes!

Small business financing that was actually designed to meet the needs of small businesses?  Sound too good to be true?  It’s not!   The decision on when to expand and/or relocate your business is a difficult one.  Two of the most recognized hurdles you may...

Franchise Financing with SBA 504

If you want to jump into entrepreneurship, opening a franchise could be a good way to become a small business owner while take full advantage of the support and name recognition of an established brand.  And when it comes to financing a franchise, the Small Business...

SBA 504 Rates are Below Prime

SBA 504 Interest Rates are often below the Prime Interest Rate.  The average Prime Rate (August 1955 – Present) is 9.80%.  Today’s Prime Rate is 8.25%.  Conversely, today’s 25-Year Fixed SBA 504 Interest Rate is 6.02%.  While this is higher than the...

7 Reasons Why SBA 504 Loans are Vital

We’re here to give you 7 reasons why SBA 504 loans are vital for small businesses during fluctuating market conditions.  The purpose of all SBA loan programs is to provide businesses like yours with access to funding under reasonable terms…but, did you...

Is This The Year You’ll Grow Your Business?

Are you ready to grow your business?  With the turn of a new year, it’s a great time to take action.  And good news…the U.S. Small Business Administration (SBA) actually created the 504 Loan Program to offer business owners a more affordable and accessible way...