Best Practices to Close SBA 504 Loans Faster (Part 2)
Part 2 of 3 Part Blog Series Satisfy your customers and avoid closing delays with these top tips to expedite closing! Welcome back to our series on tips to avoid common closing delays! Here are the next set of tips and issues to be aware of to avoid some of the challenges that can arise […]
Best Practices to Close SBA 504 Loans Faster (Part 1)
Part 1 of 3 Part Blog Series Avoid delays and interim loan extensions with these top tips to expedite closing. Small business owners are some of the hardest working individuals in the country, working an average of at least 50 hours a week and often wearing multiple hats within the business. The faster and easier […]
What ‘Ghostbusters’ Taught Me About Entrepreneurship
I think we can all agree that throughout the rich and vast history of cinema, one film stands out among the rest. Forget about Citizen Kane or Casablanca. I’m referring of course to the 1984 classic, Ghostbusters. In addition to being my favorite movie of all time (Fun fact: when I was five years old […]
504 Program Reaches over $100 Billion in Fundings
Join us as we celebrate a huge milestone for the Certified Development Company (CDC) lending industry. CDC lenders and the SBA have helped over 175,000 small business owners receive $100,040,561,000 in all time SBA 504 financing. The total impact, which includes the financing from third party lenders, has supported over $250 billion in local economic […]
A Letter From Our CEO
Happy 2023! As we reflect on all that we have achieved in 2022 and look toward the new year, I am filled with gratitude for each and every one of our Board Members, Loan Review Committee Members, and most importantly, our incredible staff. Their combined dedication, hard work, and commitment to our shared vision has […]
3 Strategies for Beating Self-Sabotaging Behaviors
Guest Article Featured on Entrepreneur Magazine HIGHLY AMBITIOUS PEOPLE ARE OFTEN THEIR OWN WORST ENEMY. HERE ARE THREE STRATEGIES FOR OVERCOMING SELF-SABOTAGING BEHAVIORS. Why do we fight ourselves so bitterly? It’s a question I find myself pondering every single day. As humans, it seems as though we are hard-wired to serve as both hero and […]
Top 10 Items to Consider for Small Business Loans
Don’t know where to start when it comes to considering financing for your small biz? Look no further. Our Senior Loan Officer Nicole Christiansen will walk you through the Top 10 items to consider when it comes to small business loans in the webinar below. Want to receive more content like this? Sign up for […]
Nine Ways to Keep Your SBA 504 Projects On Track
Ready to start 2023 with a bang? We are too. That’s why we’re sharing this list of nine ways that you can keep your SBA 504 project on track. Keep in mind, the timeline for a loan approval will vary. Please speak to your loan officer at the beginning of the project to determine a […]
2021 Lending Partners
SBA 504 Partners 5Star Bank Adams Bank & Trust Alpine Bank, A Colorado Banking Corporation ANB Bank, a Colorado State Bank Avid Commercial, LLC Bank Central Bank Five Nine, a Wisconsin banking corporation Bank of America, N.A. Bank of Colorado Bank of the San Juans, Division of Glacier Bank BBVA USA Blue Federal Credit Union […]
Why Lenders Should Consider SBA Loans during a Recession
As 2022 has come to a close, we keep hearing the tune of a particular chorus on repeat across news stations, podcasts and pretty much every media outlet out there… Will there be an economic recession in 2023? Many analysts, economists, and other experts are largely backing this prediction with mounds of data saying how […]