504 Capital Corporation

I f you have been researching SBA loans, it is likely that you have come across the phrase “Certified Development Company” or seen the acronym “CDC.” A Certified Development Company is a type of non-profit institution that partners with the SBA and lenders to provide financing to local small businesses. As an SBA CDC in Virginia specializing in 504 loans, 504 Capital is here to help pull back the curtain on CDCs and give you all the information you need to understand. SBA-Certified Development Companies The Small Business Administration (SBA) is a federal agency of the United States government that works to provide small businesses with the capital needed to be successful. The SBA does this by partnering with various banks and lending institutions to back loans. A Certified Development Company (CDC) is a non-profit institution that partners with the SBA to provide loans to businesses in their communities.  CDCs work with businesses to get them approved by the SBA for business loa...

T here are so many commercial real estate loans on the market it can be difficult to choose which one to pursue. As a commercial real estate loan company in Virginia , North Carolina, and Maryland, we have seen our fair share of mistakes. Allow us to help you take the next step forward with a pre-layed plan and the documentation you need to be approved.  Top Commercial Real Estate Financing Mistakes to Avoid There are a variety of mistakes that businesses and business owners make that are detrimental to their commercial real estate financing success. In many cases, these mistakes can be easily avoided with a little bit of planning and forethought. To ensure you have the best chance at being approved for a business loan, here are a few tips to follow. Have A Business Plan The best, and number one mistake we see businesses make is not having a business plan. Lenders want to see that the money you are applying for will go to good use and that they will see a return on their investmen...

  Your taxable income greatly influences the return your receive or the taxes you must pay during tax season. As a small business, monitoring your taxable income and properly saving to avoid fees is necessary. If you received an SBA loan and are concerned about how it will influence your taxes, let us help to assuage your fears. At 504 Capital , we provide SBA 504 loans to small businesses in Virginia, North Carolina, and Maryland. To help other small businesses, we wanted to create a short guide that answers all your questions about taxation and SBA loans.  Are SBA Loans Taxable? An SBA loan is a loan backed by the Small Business Administration of the United States government. These loans are designed to assist small businesses with purchasing land, commercial real estate, supplies, furniture, fixtures, etc.  Like other business loans, SBA loans are not considered part of your business's taxable income. This means that, in most cases, an SBA loan is not taxable. There ...

P urchasing property for your business or fixed assets that make your business more profitable is an investment into your business’s future. But your future profitability depends on your current ability to pay a loan. With a number of different loan options available, it can be difficult to choose which ones works best for you. Thankfully, with the help of 504 Capital , you can have all the information you need to make an informed decision. Commercial Real Estate Loans As a business owner, you may be looking to increase your assets . One of the best ways businesses can increase their assets is by investing in commercial real estate. There are many benefits of owning your commercial real estate space, including opportunities for equity appreciation, an increase in cash flow, and tax advantages. To purchase commercial real estate, there are a variety of different loan options available. Two of the most common and popular options are traditional loans and SBA 504 loans. SBA 504 Real Estat...

When many businesses start out, they need to invest a lot of capital before making a profit. This can be very difficult in the construction industry because construction equipment is expensive. Many construction businesses are unable to expand their business due to budgetary restrictions. Thankfully, there is a solution. With construction equipment financing, your small business can get a loan for construction equipment. At 504 Capital Corporation, we have helped small businesses grow and increase their profit through our heavy equipment financing in VA , NC, and MD. Benefits to Construction Equipment Financing There are several benefits to construction equipment financing. These benefits include maintaining capital and cash flow, purchasing updated equipment, reducing financial risk, and flexible financing options. Maintain Working Capital If you are a small business just starting out, you may not have the high amount of capital to purchase heavy equipment outright. That shouldn’t pre...

If you are short on the capital to make a big business purchase, loans are a great way to help your business grow and flourish. Small business loans from the Small Business Administration are a convenient and easy way to do this. Loan institutions such as 504 Capital—specializing in SBA CDC loans in North Carolina —can help your business grow by building capital. Different Types of SBA Loans Depending on the way you plan to use the loan, there are different SBA loans that are available for you to apply to. They include the 7(a) loan, a Microloan, or a CDC/504 loan . The 7(a) loan is the most common type of SBA loan and offers financial help for businesses that meet certain criteria. A Microloan is an SBA loan that provides small, short-term loans to small businesses. The CDC/504 loan program provides financing to small businesses to purchase major fixed assets. Each of these loans is provided through a designated lending institution located near you. How a 504 Loan Can Help Your Bu...

SBA loans have helped small businesses all across the country stay in business and remain open during the COVID-19 pandemic. SBA loans are here to stay, meaning you can apply and qualify for an SBA loan today. SBA loans are a great alternative to traditional loans. As an SBA CDC in Virginia and North Carolina , 504 Capital is here to explain the different types, benefits, and limitations of SBA loans. What are SBA Loans? SBA loans are small business loans that are given by certified development companies and backed by the government’s small business association. These loans can be used by small businesses looking to purchase fixed assets or establish operating capital. Even now, during the COVID-19 pandemic , SBA loans have helped many small businesses stay afloat and remain open. Different Types of SBA Loans There are three different types of SBA loans that small businesses can apply for. There are 7(a) loans, 504 loans, and microloans. SBA 7(a) loan amounts can reach up to $5 mil...