At a time when small businesses across the country are struggling to stay afloat, some business owners are investing in business growth by expanding their facilities or buying equipment. In fact, a record number may be, according to some very recent loan data. With SBA 504 loans, businesses are able […]
Tag: 504
COVID-19 relief: PPP is currently unavailable but other options remain
The Paycheck Protection Program – a lifeline for small businesses – stopped taking applications on Aug. 8, and Congress is still fighting over the next stimulus bill as well as where remaining funds in the PPP program will be spent. The forgivable PPP loans were responsible for a “majority” of […]
Need to finance real estate or equipment? Don’t overlook the SBA 504
Are you a looking to finance a commercial real estate or industrial equipment purchase for your growing small business? If so, an SBA 504 loan may be right for you. Jacqueline Sousa, regional director of Florida SBDC at FIU, says many small businesses don’t know about – or don’t understand […]