Small Business Administration or Small Business Association

Many years ago, I had the pleasure of speaking to a group of aspiring franchise owners at a convention in Anaheim, California. In my remarks, which of course I thought were brilliantly conceived, I referenced the “Small Business Association”. Not just once but: 1) First I introduced our company as being licensed by the Small[…]

How to Use the Small Business Administration’s 504 Loans

  What it is: The SBA’s Certified Development Company (CDC) /504 Program provides long-term, fixed-rate financing for businesses acquiring new facilities or purchasing equipment to update existing locations.   The 504 program is about helping a small business purchase the assets needed to take it to the next level. Loans cannot be used for working[…]


The Best-Kept Secret in Commercial Real Estate Financing

What Real Estate Brokers Need to Know About the SBA 504 Loan Program:   It’s no secret that commercial credit is hard to come by these days. More than a few lenders remain reluctant to lend, even to borrowers with perfect credit scores. It’s not getting any easier for small business owners to get financing[…]

An SBA Financing Alternative: NonBank Lenders

An SBA Financing Alternative: NonBank Lenders

  In the world of Residential finance it is very common to obtain financing through a NonBank Lender. However, where commercial lending is concerned a NonBank Lender option is not quite as commonplace. Recently I came across an article on the US Small Business Administration’s Website that did a pretty good job of explaining what[…]

SBA Loan to Refinance Existing Small Business Debt

    During 2012 a third of all U.S. Small Business Administration “SBA” 504 loans funded was to Borrower’s who needed to refinance real estate, equipment, and other short-term debt.  As with any refinance, the motivation is pretty simple, Borrower’s want to restructure their debt to provide more favorable terms. Unfortunately, this program ended on[…]


SBA Loans Require So Much Paperwork 

  Getting an SBA loan requires so much paperwork!   Unfortunately, I am not going to tell you about a no document, no qualification, instant funding alternative. However, would it have helped if your banker simply helped you organize and complete the application and supporting documents? I can’t tell you how many borrowers have come[…]

National Small Business Week

Small Business Week: The #1 Fact You Need to Know

  It might be interesting to know that across this great nation Entrepreneurs are being celebrated for their Small Business success. Many have incredible stories of perseverance, struggle, and sacrifice. To learn more go to your local U.S. Small Business Administration (“SBA”) office. Who knows we might be reading about your story next.   Every[…]