504 Capital Corporation

Are you aware of this? Approximately 25 percent of businesses need more funding to grow, lay off employees, and lose out on sales. With funding, your business can achieve its growth, growth, and success goals. In such a situation, what should a small business owner do? This is where Small Business Loans in Virginia can be helpful. If you are thinking about starting a new business or expanding an existing one, small business financing in Virginia may be all you need. However, determining what kind of loan is right for you may take work.  It's essential to understand how business loans work and what options are available to you so you can choose the right one. What is a small business loan? Simply put, a small business loan is a loan from a lender or provider that helps a company finance its operations. Businesses pay interest and fees on their capital and repay it over a set period. You must consider various factors, such as your credit history, years in business, and existing deb...

There is no doubt that Small Business Administration (SBA) and conventional bank loans are popular options for business owners who need short-term funding or need help paying for expensive equipment. An SBA 504 loan rates and a conventional loan feature lower interest rates, but they are fundamentally different.  The SBA loan provides a partial government guarantee, whereas a conventional loan does not. Therefore, SBA loans typically have a higher amount, a low-interest rate, and a longer repayment. A small business must understand that conventional and SBA loans are excellent lending options. As with both SBA and conventional business bank loans, these options are offered at a low cost and with flexible repayment terms. Here's a comparison of SBA 504 loan vs. conventional loan What is an SBA loan? Small business loans are government-guaranteed loans, and the Small Business Administration guarantees up to 85% of loans issued by approved lenders. As a result, the lender is at a mu...

A re you considering buying new equipment or revamping your current business infrastructure but lacking funds? Well, then SBA 504 loan shall be your first choice. Due to the low-interest rates and down payment for SBA loans , it has gained much popularity in the business community. Small Business Administration (SBA) funds small businesses by offering multiple loans. However, 504 is the best in SBA loans with minimal eligibility criteria, good loan amount, and longest down payment tenures. Despite having so many perks, there are still some cons to it. Here is everything you need to know about an SBA 504 Loan. What is the SBA 504 Loan? SBA 504 is a loan program designed to assist small businesses with long-term finances to grow their organizations. It provides loans for real estate allocation, equipment and machinery purchase, and upgrading existing real estate and other assets for business needs. It's a three-party loan involving a lender, payer, and Certified Development Comp...

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...