Aug 26, 2022
Can a Non-Citizen Apply for an SBA 504 Loan?
While non-citizens can apply for an SBA 504 loan, it can be complicated. That's especially true if the non-citizen is not a lawful permanent resident.
Aug 26, 2022
Can Franchises Benefit from an SBA 504 Loan?
It may seem like franchises would not be a good fit for an SBA loan, but that is actually not the case. Many franchises can qualify for an SBA loan, primarily 7(a) and 504/CDC loans. With that being said, not all franchises will qualify.
Aug 26, 2022
Are There Prepayment Penalties with an SBA 504 Loan?
Consumers have received greater protection against prepayment penalties on mortgage loans in the past few years. However, the same protections do not extend to small business owners. The simple answer to the question of whether or not there are prepayment penalties with an SBA 504 loan is yes, the