• Don’t Get Caught Unprepared for Higher Interest Rates

    As we celebrate our 10th anniversary at Community Business Finance, we have been reminiscing about the last decade in small business finance. Never before in recent history have interest rates been so low for so long. Back in 2008 when interest rates were first lowered, it seemed to be a short-term way to boost a sagging economy; now it feels like the norm. The harsh reality is that interest rates will rise again, and many business owners will be caught unprepared.

  • Financing Rapid Growth: A 504 Loan in Action

    Paulo Coelho wrote, "Life has many ways of testing a person's will, either by having nothing happen at all or by having everything happen all at once." While every business owner dreams of a successful enterprise, rapid growth can feel like everything is happening all at once, and can actually create obstacles to getting the financing a business needs. Community Business Finance's 504 Loan Program works within your company's financial framework to successfully deal with these roadblocks.

  • Rebuilding With the 504 Loan Program

    The recent floods in Houston and throughout Texas devastated many communities and the businesses that support them. However, in the words of Will Rogers, "Texas is a great state. No matter what happens to it...it just keeps rolling along!"

    As Texans begin to repair and rebuild from the damaging forces of Mother Nature, Community Business Finance is encouraging business owners to explore the benefits of the 504 Loan Program. 504 loans allow you to construct a new building or renovate an existing structure. You can also purchase machinery and equipment.

  • SBA 504 vs. 7(a) Loans for Commercial Real Estate

    Bill Ebersole explains the differences between the SBA 504 and 7(a) lending programs in regard to commercial real estate financing. The 504 Loan Program was designed specifically for real estate and equipment purchases. It offers a fixed interest rate for 20 years. While the 7(a) Loan Program usually has a variable interest rate, Bill offers insight as to why 7(a) loans are sometimes used for real estate financing. Community Business Finance specializes in 504 fixed-rate loans in Texas and Louisiana, but we are experts in all SBA lending programs.