Learning What a 504 Loan Is
And What It Can Mean to Your Business!
The SBA’s 504 Loan Program is designed to offer small businesses alternative ways to finance their enterprises, promote business growth and as a result, create jobs. The program provides approved small businesses with long-term fixed-rate financing used to acquire fixed assets for expansion or modernization.
Owner Success Stories
State Farm Agent Expands Coverage Area
Thanks to the assistance of Texas Certified Development Company (TxCDC), Dallas-area State Farm Agent Dee Carter qualified for a Small Business Administration 504 loan with a low down payment and a low fixed interest rate so that her small businesses could move to a new location in April 2013.
Lenders & Brokers
Lender Success Stories
Using the Turning Economic Tide to Grow and Prosper
Business Bank of Texas Senior Vice President Mariano Hernandez has seen the economic ups and downs in the Metroplex firsthand. However, Hernandez believes the economic tide is turning, which means that many small business owners who weathered the latest economic storm in the late 2000s are now well positioned for growth.