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.

Everything You Need to Know to Prepare for a 504 Loan

Community Business Finance's mission is to encourage economic development throughout Texas and Louisiana. In carrying out this mission, we are dedicated to borrower education and seek to inform businesses 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.

We Are Your 504 Loan Resource

Community Business Finance's mission is to encourage economic development throughout Texas and Louisiana. In carrying out this mission, we are dedicated to borrower education and seek to inform businesses 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.

Preparation is the Key to Success for 504 Loans

Alexander Graham Bell once said, "Before anything else, preparation is the key to success." This applies to any aspect of life, but is especially true in business. For small business owners seeking financing for expansion or starting a business, being well prepared for the application process can mean the difference between success and failure. Fortunately, a powerful ally exists in Small Business Development Centers (SBDCs).

504 Loan Program at the Women’s Small Business Roundtable Discussion in New Orleans

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.

SBDCs Are a Powerful Ally for 504 Loans

It is no secret that knowledge is power. Search engines return hundreds of quotes about this fundamental truth. Obviously the more information you have, the better prepared you are for whatever you encounter in life, especially in business. Business owners seeking 504 loan financing for expansion or starting a business have a powerful ally in Small Business Development Centers (SBDCs). A well-prepared applicant greatly improves their chances of success.