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Collateral Requirements for SBA 504 Loans
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...
Certified Development Companies
The Role of Certified Development Companies in the SBA 504 Loan Program Certified Development Companies (CDCs) play a pivotal role in the successful administration of the Small Business Administration's (SBA) 504 Program. As specialized nonprofit corporations, CDCs...
What Are the Occupancy Requirements of an SBA 504 Loan?
SBA 504 loans represent a critical financing option for small businesses aiming for growth and expansion. Provided by the U.S. Small Business Administration (SBA), these loans are designed to support economic development by offering long-term, fixed-rate financing for...
Job Creation and SBA 504 Loans: Unveiling the Path to Business Growth
Job creation is a pivotal aspect of economic growth and stability, and one of the robust tools for fostering this growth in the United States is the SBA 504 Loan Program. Job Creation and SBA 504 Loans are intrinsically linked, as the program is designed to provide...
4T’s Repair – Securing the Future of a Rural Nevada Business Through the SBA 504 Loan Program Case Study
Background - 4T's Repair - SBA 504 Loan Program Case Study Located in Wells, Nevada, 4T’s Repair is a vital diesel mechanic service that not only keeps local big rigs operational but also provides critical maintenance services across Nevada, Idaho, and Utah. When...
Sandy Gordon Honored by Western Turf & Hardscapes for Outstanding Contributions to Business Expansion
FOR IMMEDIATE RELEASE Western Turf & Hardscapes Honors Sandy Gordon of Nevada State Development Corporation Las Vegas, NV - May 2024 - Nevada State Development Corporation (NSDC) is proud to announce that Sandy Gordon, a distinguished member of our team, has been...
How to Address Common Challenges in Repaying SBA 504 Loans: Proactive Strategies for Business Owners
Repaying SBA 504 loans can present various challenges for small business owners who have taken advantage of this loan program to finance the purchase of fixed assets. While these loans are designed to be a facilitating tool in promoting business growth and job...
SBA 504 Loans and Commercial Real Estate: Maximizing Investment Potential
The Small Business Administration (SBA) 504 Loan program offers a formidable option for business owners looking to purchase or invest in commercial real estate. Specifically designed to boost economic development, SBA 504 Loans and Commercial Real Estate investments...
How to Leverage SBA 504 Loans for Equipment Financing: A Strategic Guide
Small businesses often face the challenge of securing funds for significant capital investments like equipment. The SBA 504 loan program, administered by the Small Business Administration (SBA), is designed to assist in precisely such scenarios. These loans are...
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Since 1981
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