The rigors and challenges of owning a small business can be intense at times. And when it comes to getting a business loan, it’s not uncommon for to see small business owners sometimes make mistakes which leads to their loan not getting approval. To help avoid such problems, here are a few mistakes to [...]
If you're a small business in need of additional capital, the SBA's 504 Loan Program can help your business solve and overcome a variety of obstacles to ensure your business has what it needs to grow and succeed. To get started, you need a certified development company (that's us at BFC) to help you [...]
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: [...]
