The new SBA 504 Refinance offers big benefits and more small businesses may be eligible. The biggest changes were a reduction in the age of the debt to be refinanced and the ability to refinance existing loans with government-guarantees (i.e. existing 7(a) or 504...
Today (July 29, 2021), SBA published the new interim final rule for 504 debt refinancing programs as authorized under section 328 of the Economic Aid Act. The interim final rule is effective immediately on July 29, 2021. Section 328(a) of the Economic Aid Act revises...
The SBA and its loan programs have always played a crucial role in the strength and advancement of our small business sector and in fostering economic growth. During the COVID-19 pandemic, SBA also demonstrated a quick and massive implementation of initiatives aimed...
For years, small businesses looking to grow and expand their operations have found a powerful and supportive ally in the Small Business Administration (SBA). Its SBA 504 loan program is designed to meet the needs of small businesses by providing access to attractively...
Attention Accountants/CPAs…if you, or your client, is considering buying, building or refinancing fixed assets, there’s simply no better program on the market than the SBA 504 Loan Program. In fact, the financing terms offered through this program are so good,...
Attention small business owners: If you’re tired of paying rent for your business, you need to know about a government-backed financing option that can help you buy or construct a building and possibly save some money in the process: the SBA 504 Loan Program. ...
