by Yolie De Hoyos | Aug 2, 2024 | Blog
Updated fees for SBA 504 loans are now available for loans approved during Fiscal Year 2025. I’m pleased to share that the upfront guaranty fee will remain at 0%, while the annual service fee has decreased to 0.331% for most loans. This is a positive change from...
by Yolie De Hoyos | Jul 24, 2024 | Blog
Securing financing is a critical step for many small business owners seeking to expand their operations or invest in significant capital improvements. The Small Business Administration (SBA) offers several loan programs tailored to support the growth of small...
by Yolie De Hoyos | Jul 19, 2024 | Blog
The Small Business Administration (SBA) 504 Loan Program provides a critical pathway for small business owners seeking long-term, fixed-rate financing for major fixed assets, such as real estate or equipment. A lesser-known aspect of this beneficial program is the...
by Yolie De Hoyos | Jul 19, 2024 | Blog
When seeking financing for growth or capital improvements, small business owners often look toward the Small Business Administration’s (SBA) loan programs as a solution. The SBA 504 and the SBA 7(a) loan programs are two such options that cater to different...
by Yolie De Hoyos | Jul 18, 2024 | Blog
Understanding the collateral requirements for SBA 504 loans is crucial for small businesses seeking this type of financing. The SBA 504 loan program is designed to support the growth and development of small businesses by providing long-term, fixed-rate financing for...
