image via LA TIMES In effort to expand well beyond its Arizona footprint, Arizona State University has agreed to lease the century-old former headquarters of the Herald Post, formerly owned by William Randolph Hearst. “Los Angeles is a behemoth place with three research schools,” ASU President Michael M. Crow said. “Who says that’s enough?” According [...]
SBA 504 Loan 101: What is a "Debenture" and How Does it Work? The SBA 504 loan is one of the available financing options for small businesses and entrepreneurs seeking long-term financing. Part of the funding for the SBA 504 loan is raised through a debenture issued to private investors. Even though the debenture is [...]
At BFC Funding, we believe in the power of the testimonial! We also recognize how important the SBA 504 Loan Program is to helping business owners reach and achieve their dreams of property ownership. Please enjoy the video below from Eduard Azarian, an Olympic Gold Medalist and founder of Azarian Gymnastics. Hope you find it as [...]
The SBA 504 Loan Program ("the 504" for short) gets a bad rap sometimes. True, the Small Business Administration has some stringent eligibility requirements and the process can be exhaustive, but that doesn't mean it's not attainable for the thousands of businesses that qualify every year. Let's look at FIVE common misconceptions regarding the 504: [...]
At BFC, we have some extraordinary people! Take a moment and meet BFC’s Carly Naples in our first “5 Questions with BFC” installment! What do you do at BFC? My title is Vice President - Business Development Officer, and I’ve been with the company for four years now. My role is to help guide clients [...]
Are you looking to finance the purchase of new real estate or machinery for your business? Or, maybe you’re seeking to make upgrades to your facility? If so, the Small Business Administration’s 504 Loan Program offers additional financing options in tandem with a conventional bank loan to several types of small business owners. How [...]
