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How We Can Help More Black Small Business Owners Succeed: Are You In?
Are you in for a challenge today — as a well-informed consumer, citizen, or financial company? Consider this curious dynamic: While African American entrepreneurs are creating businesses at a higher rate than Whites and other minorities, they’re actually not getting the affordable business loans they need to grow. To…
What are Interest Rates for Affordable Small Business Loans?
If you’re on the hunt for a small business loan, how much you’ll pay in interest for affordable financing depends on several financial moving parts, from your credit score to the type of lender you work with. Instead of going to a traditional bank, you can opt to get a…
Does Your Small Business Idea Have Legs?
This blog post on how to determine whether your small business idea has legs originally published on Venturize, a blog powered by our content partner Small Business Majority. They are a national organization that advocates for small business owners. This post was written by Julia Jamieson. Congratulations, you have a…
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…
How to Build Wealth as a Small Business Owner
This blog post on how to build wealth as a small business owner was originally published on Venturize, a blog powered by our content partner Small Business Majority. This national organization and CDC content partner advocates for small business owners. (Post was written by Julia Jamieson.) If you’re a new…
8 Things To Consider Before Signing a Commercial Lease
For business owners, rent is likely one of your biggest expenses. If you’re about to sign your first commercial lease or plan on moving to another leased space soon — make sure you’re considering these 8 important factors before signing a commercial lease agreement, says Rich Kraus, a senior business…
Kurt Chilcott and Tyler Orion discuss future leadership plans for CDC Small Business Finance
After over 20 years of leading CDC Small Business Finance, company CEO and President Kurt Chilcott is looking ahead and wants to share the plans for transition of leadership at CDC. Chilcott, a veteran and innovator in the community-lending industry, sat down with CDC board member Tyler Orion to discuss…
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.…
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…
- Business Owners: Be Careful of Fast Money Loan Options
- 25-year SBA 504 Loan Gaining Traction
- #LoanTipSixty: Debt Service Coverage Ratio
- Café Owner Finds Low-Interest Business Financing at 11th Hour, Expands into New Neighborhood
- #LoanTipSixty: Understanding Down Payments for a small business loan
- Woman Entrepreneur Leverages San Diego Loan Program to Grow Small Business
- Meet Dr. Jeremy Busch, Navy Veteran, Podiatrist, and CDC Loan Recipient
- #LoanTipSixty: Be Prepared When Applying for a Small Business Loan
- How We Can Help More Black Small Business Owners Succeed: Are You In?
- What are Interest Rates for Affordable Small Business Loans?
