National Small Business Week 2019

America’s small businesses make big contributions in our local communities and to our national economy. Celebrating National Small Business Week, May 5-11, 2019, is our chance to salute the small business owners who create two out of every three jobs for Americans. Despite being the backbone of our nation's economy, many small businesses do not get the funding they need to expand their operations.

Thanks for Another Year of Making Dreams Come True

We wish to thank our clients and our lending partners for choosing Community Business Finance in 2018. For more than a decade, Community Business Finance, together with our lending partners, has proudly helped hundreds of businesses in Texas and Louisiana realize their dreams.

While we are honored to have helped so many businesses with start-up and expansion financing, ultimately our goal is for every business that is eligible for a 504 Loan to have access to a 504 Loan, when it best suits their business needs.

Everything You Need to Know About the 504 Loan Program

Community Business Finance is thankful for the opportunity to offer affordable financing to small businesses in Texas and Louisiana. Our mission is to encourage economic development, and we are dedicated to borrower education about the underutilized 504 Loan Program. As a dynamic resource for our communities, we have created a library of information to help borrowers understand the 504 Loan Program and prepare them for a successful loan outcome.

5th Annual National Veterans Small Business Week

November 5-9, 2018 marks the fifth annual National Veterans Small Business Week. NVSBW was created to honor Veteran entrepreneurs who continue to serve our country by starting businesses, creating jobs and fueling economic growth.

U.S. Veterans are an integral part of our business landscape. Veterans own and operate nearly one-tenth of the 27 million small businesses in the United States critical to our nation's economy.

Women-Owned Businesses Still Struggle to Access Capital

October is National Women's Small Business Month, and Community Business Finance recognizes the entrepreneurial women whose talents help sustain our nation's economy. As of January 2018, there are an estimated 12.3 million women-owned businesses in the United States that employ 9.2 million people and generate more than $1.8 trillion in revenues, according to the "2018 State of Women-Owned Businesses Report" commissioned by American Express.

504 Loan Prepayment Penalty Explained

A common misconception about the 504 Loan Program is that the prepayment penalty is much higher than for conventional loans. The prepayment penalty is actually based on the loan's debenture rate and not the effective rate. We will explain the difference, as many borrowers are confused as to how the prepayment penalty is calculated. First, however, we want to address why the 504 Loan Program has a prepayment penalty.

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