Posts tagged Certified Development Companies
What Is an SBA 504 Loan?

The SBA 504 loan program, also called the Certified Development Company program, is designed to provide assistance for business owners with very specific requirements. This is not a general loan that can be used for whatever a business needs, nor is it designed for new companies that need startup capital. Instead, the 504 loan is designed to help businesses in need of purchasing fixed assets. These are generally things like real estate and equipment, but can also be fixtures, new buildings, machinery and the like.

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