If you've started looking into SBA 504 loans, you've probably seen the term Certified Development Company, or CDC. It's one of the most important parts of the 504 program, and also one of the least understood. Here's what a CDC is, what it does for you as a borrower,...
If you're buying, building, or upgrading a commercial property, energy efficiency can do more than lower your utility bills. It can also help your project qualify for SBA 504 financing and even unlock higher loan limits. Here's how SBA 504 Green loans work and how to...
The SBA 504 loan is one of the best ways for small businesses to buy commercial real estate, thanks to low down payments and long-term fixed rates. But like many long-term commercial loans, it comes with a prepayment penalty during the early years. That's not a reason...
For most business owners, the biggest hurdle to buying a building isn't the monthly payment. It's the down payment. With a conventional commercial mortgage, coming up with 20% to 30% of the purchase price can mean draining the cash your business needs to operate....
At some point, many business owners look at their monthly rent check and ask a simple question: why am I paying for someone else's building? Buying your own space can lock in your occupancy costs, build equity, and give you full control over your location. The...
The SBA loans Utah business owners qualify for can turn years of rent into ownership. If you run a business in Utah and you are ready to buy your building, build a new facility, or invest in major equipment, the way you finance it matters as much as the purchase...
SBA loan credit score requirements are one of the most common reasons business owners hesitate to apply for an SBA 504 loan. Many assume their personal credit needs to be close to perfect, or worry that a few dings from years ago will disqualify them entirely. The...
SBA 504 loans for medical and dental practices solve a unique financing challenge that most providers run into sooner or later. The equipment is expensive and highly specialized, the buildout requirements are extensive, and the facilities themselves often need to be...
For many business owners, the biggest hurdle to buying their own building isn't the monthly payment. It's the down payment. That's exactly where the SBA 504 loan program shines. In most cases, you can buy or build commercial real estate with as little as 10% down,...
At some point, most business owners ask the same question: should we keep renting, or is it time to buy? It is not a simple yes or no. The right answer depends on your business's financial position, growth trajectory, and long-term goals. But for a lot of established...