The U.S. Small Business Administration (SBA) offers multiple loan programs to support small businesses at different stages of growth. Among the most well-known are the SBA 7(a) Loan, SBA 504 Loan, and SBA Microloan programs. But how do you know which one is right for your business? In this post, we’ll break down the key…
If you’re planning to purchase commercial property, upgrade facilities, or invest in major equipment, the SBA 504 Loan Program could be your most powerful financial tool. Backed by the U.S. Small Business Administration (SBA), the 504 loan offers long-term, fixed-rate financing for small businesses looking to acquire fixed assets that promote growth and job creation….