• Comparing 504 Loans versus 7(a) Loans for Buying Property

    The SBA 504 and 7(a) loan guarantee programs are designed for different business needs, with different goals in mind. The 504 loan is intended for economic development; therefore, its use is restricted to real estate and fixed asset purchases, as these promote job creation. The 7(a) loan can be used for working capital for almost any business expense. While the 7(a) loan can also be used for real estate purchases, the 504 loan is better suited for this purpose.

  • Houston’s Real Estate Market is Expected to Grow

    The "Emerging Trends in Real Estate 2015" report from the Urban Land Institute and PricewaterhouseCoopers ranked Houston as the country's #1 market to watch in 2015. Houston moved up from #2 last year and #5 in 2013. "You have an economic boom, you have job creation, and when you have job creation, you have demand for everything real estate," said Mitch Roschelle, U.S. real estate advisory practice leader at PwC. In fact, global investors consider Houston "the perfect storm for commercial real estate."

  • Go Green with the 504 Loan Program

    There are obvious benefits of reducing your energy consumption, such as lower electric bills and the positive environmental impact. Thanks to a great program from the SBA, business owners looking to purchase commercial real estate have more incentives than ever for going green. Community Business Finance's 504 Loan Program is an effective way for businesses to get financing with below market interest rates and a 10% down payment.

  • 504 Loans Protect Your Future with Property Ownership

    Economists predict that commercial real estate transactions are on the rise. According to Anita Kramer, Vice President of the Urban Land Institute Center for Capital Markets and Real Estate, "Consistent growth in the real estate industry is supported by expected on-going improvements in the economy." Lawrence Yun, the chief economist for the National Association of Realtors, adds, "Vacancy rates are steadily falling." Office, retail, and industrial vacancy rates are all expected to decline over the year. Consequently, the rents in these areas are on the rise.

    Community Business Finance’s 504 Loan Program: Part 4

    In the world of business financing, SBA 504 loans do not get the same attention as SBA 7(a) loans. This four-part series is intended to help you better understand the uses and benefits of a 504 loan.

    Step-by-Step Process

    Community Business Finance works closely with you during the 504 Loan Program process. The following outlines the steps and how we will assist you:

    Community Business Finance’s 504 Loan Program: Part 3

    In the world of business financing, SBA 504 loans do not get the same attention as SBA 7(a) loans. This four-part series is intended to help you better understand the uses and benefits of a 504 loan.

    Eligible Use of Proceeds

    A small business can use proceeds from Community Business Finance's 504 Loan Program for direct expenditures to acquire, construct or convert a facility for company expansion, such as: 

    Community Business Finance’s 504 Loan Program: Part 2

    In the world of business financing, SBA 504 loans do not get the same attention as SBA 7(a) loans. This four-part series is intended to help you better understand the uses and benefits of a 504 loan.

    Program Benefits

    The following are the many benefits of Community Business Finance's 504 Loan Program.

    Community Business Finance’s 504 Loan Program: Part 1

    In the world of business financing, SBA 504 loans do not get the same attention as SBA 7(a) loans. This four-part series is intended to help you better understand the uses and benefits of a 504 loan.

    Congress established the 504 Loan Program in 1987 to promote economic development in a Certified Development Corporation's trade area. The program goals are met primarily through projects that create job growth in local communities.

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