504 Capital Corporation

If you are thinking of   starting a small business   in the United States, Virginia is one of the best places to start a business. Why? Virginia has ranked 1st on CNBC’s 2019 list of America’s Top States for Business. The state offers plenty of incentives for both startups and existing businesses. The GDP of Virginia says it all. It had a GDP of $552 billion in Q2 of 2019 which is roughly 2.6% of the total U.S. GDP. And there are a number of reasons why Virginia is the right choice to commence a business: The Government offers Tax credits for creating employment. Virginia has a well-educated employment pool and businesses survival rate. Benefits of high-speed internet because 70% of the world’s Internet traffic flows via data centers situated in Northern Virginia. Sole Proprietors don’t need a business license to start a business. Virginia is a major hub of data centers, agriculture, aerospace, technology, mining, and military. The corporate income tax rate has remained stable for near

SBA 504 Loan Rates, Requirements and Terms in North Carolina Considering the continuation of competitive interest rates, now is the time to learn more about the SBA CDC 504 loan program in North Carolina . It makes financial sense to start a business while locking down a current fixed rate as low as 2.7% for a 10-year loan, 2.99% for a 20-year or 3.04% for 25 years. Paying less interest, one of the many perks of the SBA 504 loan, will set you up for success and profitability. Small business borrowers can expect to have lower monthly payments and additional cash flow. SBA CDC 504 Loan Program in North Carolina So how do you apply for the SBA CDC loan program in North Carolina? You can locate a Certified Development Company in the North Carolina area by consulting a list of companies available on the SBA website and searchable by zip code. A CDC is eligible to offer loans in the state it was chartered. Once you find a CDC you’d like to work with, schedule an appointment to find out mor