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Tag: small business loans

A Miami bank receives $250M from the US Treasury to make loans to minority-owned small businesses

July 30, 2022 by Nancy Dahlberg 0 comments

Banesco USA will be offering low-interest commercial loans to Miami-area companies, mainly minority-owned small businesses. The Coral Gables-headquartered bank, which focuses on commercial lending in South Florida and Puerto Rico, received a $250 million capital injection from the U.S. Treasury. With that money it will increase lending to small and […]

Finance, Operations

Need to finance real estate or equipment? Don’t overlook the SBA 504

April 11, 2019 by Nancy Dahlberg 0 comments

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 […]