SBA 504 Loans are a great way to support and grow your business by enabling business owners to finance commercial real estate or large equipment. The 25-year term loan (which the SBA unveiled four months ago) complements the 20-year and 10-year terms that are commonly offered with 504 loans. William Manger, Associate Administrator for the [...]
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 [...]
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 [...]
