middle market

Many Americans imagine a small business to be a mom and pop store with a handful of employees. It might surprise you to know that over 98% of the 6 million US businesses with employees are defined as a small business. While the government has strict sizing rules that define a small business, a company generally qualifies as a small business concern if it has less than $15,000,000 in net worth and made less than $5,000,000 in net profit per year, averaged over the last two years.

When you think "small business" do you imagine mom and pop stores with a handful of employees? Think again! Out of the 6 million US businesses with employees, over 98% are defined as a small business. This means that many companies that identify as middle market also qualify as a small business concern and are eligible for Community Business Finance's 504 Loan Program.