Go Green with Special Financing Incentives

With the celebration of Earth Day upon us, are you ready to go green?  The U.S. Small Business Administration (SBA) and U.S. Department of Energy (DOE) are teaming up on a shared mission:  to inspire entrepreneurs and small business owners to leverage SBA loan...

Community Banking Month

April is here, and with that so is Community Banking Month…a time to recognize the unique spirit and unwavering commitment which makes YOU, our independent community bank members, the foundation of your cities and towns across the state.  Here are just some of the...

Am I A Good Candidate for An SBA Loan?

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...

Reduction in SBA Debt Relief Benefits

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...

Expanding Into Multiple Locations – SBA 504 Loans

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...

Joining Forces to Support and Promote Small Businesses

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...