President Bill Ebersole discusses the benefits of contacting Community Business Finance when you are considering a business loan. Community Business Finance specializes in all SBA lending programs and has extensive knowledge of all of the lending options that are available to borrowers. Bill compares the 504 Loan Program to conventional loans, and explains what you need to know to make the best decision for your business.
On Friday, March 13th, 2015, Jeanne Bergeron and I had the pleasure of attending the Women's Small Business Roundtable Discussion in New Orleans, Louisiana. Senator David Vitter, Chairman of the Senate Small Business and Entrepreneurship Committee, and the National Women's Business Council invited women-owned small businesses to share their concerns regarding growth and opportunities in Louisiana. The roundtable discussion focused on identifying opportunities to help Louisiana women successfully launch, grow, and run their own small businesses.
Businesses that need expansion financing have felt forced to look at riskier options when they are denied a conventional loan. Sometimes business owners don't even approach their bank for a loan, having been turned down in the past. Owners may not be aware that the 504 Loan Program is even an option for their business, or feel they would not qualify.