Annual D.C. trip recap: How we can best support SBA 504, Community Advantage programs

CDC Small Business Finance leadership met with congressional members in May to continue sharing the widespread impact of two U.S. Small Business Administration loan programs in underserved business communities: SBA 504 and SBA Community Advantage. The annual advocacy trip to Washington D.C. again lined up with the Spring Summit put…

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5 Key Differences Between SBA 504 vs Conventional Real Estate Loans

Buying a building to house your business is a big financial decision. That’s why it’s crucial to explore your financing options to find the one that best suits your long-term needs.

SBA 504 Benefits -Down Payment: 10% vs 20-30% -Interest Rate: Fixed, below market vs.…

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Can the almighty SBA 504 loan do more?

For decades, the SBA 504 loan program has brought unquestionable value to small business owners and local economies nationwide. The U.S. Small Business Administration’s flagship program has empowered tens of thousands of entrepreneurs to buy commercial real estate and the major equipment churning out their products. Through community lenders like…

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Our impact in Arizona as the leading, most trusted small business lender

The head of a homegrown soul-food empire buys another restaurant building to increase his employee base to 200. An award-winning caterer refinances out of a high-interest online debt to improve her business’ cash flow and retain 20 workers. And an in-demand BBQ & grill supplier doubles his headquarters’ space to…

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Top 3 Reasons Small Businesses Should Buy A Building

The information in this post about using SBA 504 loans to buy buildings is current, as of April 2019. Small business owners who are tired of paying rent and have an upcoming lease renewal, should know there’s an alternative to renting – buying your own building through an SBA 504…

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Should I refi my commercial real estate loan with an SBA 504 loan?

Do you own your own commercial or industrial building and have a pending balloon payment on the horizon? Wish you could slash your monthly commercial loan payments to free up your cash flow? Are you stuck paying a higher-than-normal interest rate on your conventional building loan? [pullquote class=”left related_links company”…

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In uncertain times, how can the 25-year SBA 504 loan help my business?

As a small business owner, no matter how many hours your clock in or how much you plan ahead, a lot is out of your control. Ever-changing regulations, economic conditions and competition can keep even the iron-willed entrepreneurs up at night.

25-year term benefits •…

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Should I get more than one SBA 504 loan? Why these business owners did

How did a local laundromat become the go-to linens servicer for several major hotel brands spanning Lake Tahoe to San Francisco? Through the power of multiple SBA 504 loans. This fixed rate, low down payment financing played a crucial role in propelling Sacramento Laundry from mom-and-pop status to now an…

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How an offbeat family-run rest stop broke new ground with SBA 504 loan

Think back to your last family road trip. Chances are, the best meal combo your pit stop could offer was a roller-grilled hotdog with a side of electric-blue Slushie. Their merchandise was probably just as lackluster and predictable, with cheaply made sunglasses, energy drinks and greeting cards. [pullquote class=”left related_links…

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