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...
In a matter of months, the U.S. Small Business Administration (SBA) went from being a relatively small player in the presidential cabinet to carrying one of the largest budgets and one of the nation’s most important tasks…providing recovery resources for...
We have exciting news! The 504 Loan Program just got even better! New 504 Loan applications approved between February 1, 2021, and September 30, 2021, could see massive savings. Key provisions in the Economic Aid Act allow for SBA payment subsidies, fee eliminations...
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...
As you consider your goals, remember that it is never too early to start planning for 2021. Whether those needs are 2 months out, or 2 years down the road, preparing for your goals and “what-ifs” will reduce some of the stress when those actual moments do arise. Do...
